Goodall says EU should not ‘cheat’ Malawi: Stance on no  budget support ‘expected’

Finance minister Goodall Gondwe says  government is not surprised with the European Union  (EU) stance not to resume budgetary support to Malawi national budget, saying this was expected.

Finance Minister Gondwe: EU stance was expected
Finance Minister Gondwe: EU stance was expected

In an interview, Gondwe said the EU has pulled out its budgetary support from all African countries except Mozambique.

“This is their new policy so they should not cheat you that we should do this, we should do that then they will resume aid, no, they won’t,” said Gondwe.

His comments come barely days after a senior EU official from Bruseels currently visiting Malawi ruled out EU resuming budgetary support to Malawi, saying the government is yet to satisfy his organisation on some aspects.

Economists say even if the Malawi satisfies and meets all IMF conditions for the resumption of aid, it is unlikely donors would come back to support the budgetary support.

Gondwe however said the government would continue with its economic and financial reforms for the benefit of Malawians with or without donors.

He said the government is quickly and ably adjusting itself to live witrhout budgetary support and was optimistic the economy would be back on track as soon.

“They have made their decision, they will not come back but life must go on,” said Gondwe.

The donors decision to pull out budgetary support because of the infamous cashgate, among key factors, has led to the collapse of the economy and the scarcity of staple food, maize that has triggered high inflation, has pushed the cost of life tot unbearable levels.

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Tukombo
Tukombo
4 years ago

Old man Goodall does not care , his children don’t live here , his wife splits her time between Malawi and the USA as she pleases, they have nothing to lose so what do you expect him to say?

Luwazi
Luwazi
4 years ago

It’s time for ths administration to pack up and go.

Katundu
4 years ago

kkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk abale aaahhh

His Excellence the Life President Mkango Lion Chivomerezi Chisokonezo Manthakanjenjemereza
His Excellence the Life President Mkango Lion Chivomerezi Chisokonezo Manthakanjenjemereza
4 years ago

This is how rubbish Goodall is. Is Mozambique not an African country? Mwatha ma plan. Fulfil all criteria. Strengthen your governance. Period. Strong Accountant General, Auditor General. Central Internal Audit, Anti Corruption Bureau. Ohterwise no ma euro or ma pounds,

Eugene
Eugene
4 years ago

577 BILLION woyeeee

Eduardo Happy
Eduardo Happy
4 years ago

Goodal is saying the truth and he has given us facts. He has said the EU has pulled out from all African countries with their budgetary support except Mozambique. Somebody or the EU itself should dispute what Goodal has said. Azungu nawonso zawavuta osamangonamisa wandu iyayi. Fotsekiii

tulo amalawi
4 years ago

guys write two books titled “the story of two old black americans” and “the journey of two americans in a blind or sleeping nation”

mtendere
mtendere
4 years ago

Zzzzzzzzzz!!!!!

Man of God
Man of God
4 years ago

Goodall’s sentiments just shows that this administration is not ready to change. They know that those in authority are home and dry and don’t even want to throw an eye on a common man in the village for fear of feeling sorry. Hash rulers! History in repeat.

Mphembedzutsokonombwe
Mphembedzutsokonombwe
4 years ago

How soon is soon?

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