Finance Minister Goodall Gondwe has vowed to stay on as Malawi’s purse keeper, despite sustained calls for his resignation.
Gondwe has faced a wave of resignations over poor economy.
The calls grew louder on Wednesday at major conference organised by quasi-religious grouping the Public Affairs Committee (PAC) is in Blantyre where a cross-section of Malawians is discussing the future of the country with is facing economic crisis.
Opposition Peoples Party (PP) secretary general Ibrahim Matola attacked Gondwe for the economic turmoil and asked him to resign.
Matola argued that “recycled politicians” like Gondwe, are “hurting the economy.”
He said Malawi economic collapse is rapidly accelerating.
But Gondwe rejected the calls to resign, clinging to his job, saying Malawi needs “concerted efforts” to improve the economy and that “donor support is not reliable.”
He said the Peter Mutharika administration is doing very in the economic realm of governance.
Said Gondwe: “We are doing a tremendous job and we have been commended by IMF. Why are you people not seeing this?”
He also disclosed that government will set up a commission of young and vibrant economic experts to be planning s well as researching on economic issues.
Gondwe also clarified on why the government is failing to win back donor confidence.
“It is not true that government is not receiving donor aid because it is not doing what donors want, noooo!”
UNDP envoy to Malawi, Mia Seppo urged the country to create an enabling environment for economic growth.
“Getting out of aid dependency is a global issue and Malawi has to make reforms in line with that,” she said.
Making a presentation titled Economic Situation in Malawi, Economists Association of Malawi president; Henry Kachaje said overpopulation is a growing burden on government as.
Kachaje said population was growing at a rate faster than that of the economy.
“We need to redefine and reposition our country, balance the budget by reducing expenditure and increasing the revenue base. We also need to invest on production, and not on consumption,” he urged.
Justice and Constitutional Affairs Minister Samuel Tembenu said the country needs “to stop politicising everything to move forward.”
The PAC meeting continues on Thursday.Follow and Subscribe Nyasa TV :