Goodall says ‘it pains’ that Malawi is ranked poorest country
Minister of Finance, Economic Planning and Development Goodall Gondwe has said it is not amusing to note that Malawi remains among 47 countries designated by the United Nations (UN) as Least Developed Countries (LDCs.
A latest United Nations Conference on Trade and Development (Unctad) report published on Unctad website www.untcad.org on Tuesday observed that Malawi, alongside other 46 LDCs must develop the small and medium enterprises (SMEs) to meet the goals of the 2030 Agenda for Sustainable Development if it is to foster efforts on ending poverty
“It pains me each time I see a report from outside the country that Malawi is the poorest country in Africa. We are determined that this should stop,”said Gondwe. “ Therefore, the way to do it is to stand up and work hard and ensure that our economic growth is much higher than it was before.”
The Finance Minister admitted that the SMEs sector is one of the key areas in the economy, but the environment has not been conducive because of high interest rate environment.
He hopes Malawi could get out of the list of the LCDs by 2020 on account of continued economic growth due to reduced interest rates and reliable electricity.
The Unctad report says many people in LDCs are forced into small-scale, low-value entrepreneurship by necessity with small companies accounting for 58 percent of all firms in these countries.
The report also said that governments in LDCs should, therefore, focus on boosting entrepreneurs and establish firms that seize opportunities to create innovative products and services, employ more people and grow dynamic businesses that have a transformative, ripple effect throughout the economy.
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Chipani cholamula mdi cha Kwa Goliati. Koma thumba la ndalama tinamupasa mtumbukayi akumbule (asunge- muchirhomwe) lero mukuti Ife Arhomwe tikuba ndalama za Boma ,koma thumba la ndalama wakumbatira ndi mtumbukayi. Ndikanena kuti Arhomwe ndi atumbuka tikubera limodzi ndikakwitsa ?
Like Bingu said: ” It’s not the country which is poor, it is the people…”
And I add: It’s the leadership wish is poor!
As long there’s no servant leadership in this country nothing will change the status quo. The den of thieves continue to spread the virus of poverty with no remorse.
Kodi amenewawa ndi amaudindo anzako dzaka 65 dzopumila ntchito sidzidakwanebe? Akusiyana chani ndi ma civil servants????????????
This is pathetic, comfortably on their chairs kusolola, what pain is he talking about? ? A real Malawian is the one in pain and looking for a change of leadership, you have taken us backward because of high rate of corruption acts we deserve better.
The pain that you feel Hon Gondwe is no match to the pain that the ordinary people endure on a daily basis
Goodal doesnt like this country and does love to see his people prospering thats why he is now full of lies just as APM and his cabinet is. Am just praying that lucky shall be on the side of a good leader in opposition MCP to win next year’s general presidential elections.
We tried to choose on our own just as God allowed the Israelites to choose their king but we made the very poor choice likewise until God choose David for then, so next year let God choose the good leader for us to bring hope in my people in Jesus name. For Goodall, APM and the rest in your team with your experience and papers plus ungodly life you live please leave us alone we were not borne ti suffer and this I believe.
Maliseche enanso ovetsa chisoni nde ndiamenewa
‘continued economic growth’ ? Where does this man live? We have just read that the kwacha has lost value and fuel prices have increased. We have also been warned of increased load shedding and longer electricity blackouts. Goodall’s management of the economy under President Mutharika is clearly going nowhere fast. No wonder Malawi is classed as undeveloped and in the lowest rated countries. What has His Excellency got to say about the situation after all his boasting at the UN?
Dada Gondwe that is a heart of a fighter. When we feel the pain we moved forward to fight. All those that are rich, they had to accept and make a decision to win the battle. The problem we have in Malawi is that everything is politicised. Those in opposition don’t see as something that can happen but their party can , yet we all know the parties need all to achieve. Together we can.
Everything is politicised? Don’t you see all this stealing and wastage? Billions of Kwacha have been spent on FISP and ADMARC (while there is still food insecurity) over the past 4 years. Smaller amounts, but still in billions, have been given away to people like Mulli and others. And then there’s the wanton corruption where each major contract is inflated with the additional funds going to DPP, APM and other well connected people – the K145 million Pioneer scandal is just the tip of the iceberg.
If DPP wins another term next year, Malawi will not just be among these 47 countries; it will be the bottom country among them. The DPP administration treats the country as a cow that has to be milked to the maximum. Measures which could transform the country such as switching to mechanised and irrigation agriculture, amending laws to encourage the diaspora to invest in their country, promoting tourism in a serious way, maximising the use of technology (like Rwanda is doing), increasing power generation, etc etc are either totally ignored or just given lukewarm consideration…
Ruwanda is used by the outside world to disturbalise DRC.They also get on there to steal precious minerals.Such are the sources that push their economy
Pains what? What did you expect from you the thick lot? No clue on how to run an economy. All you think of is kuba, nepotism/tribalism and MLAKHO. Pathetic.
Not just high interest rates Mr Gondwe, look at how ordinary people are taxed, how can we invest in such an environment????
Zachamba! Time to retire was when you first decided to do so; when your pretence could not be discovered. But now zachamba zimene mukunenazo.
Mukuteta Dada Goodall you dont feel the pain if u were u would’ve put in place policies for SME’s to grow & u would’ve resigned when APM received the K145 million bribe bt u are still phwiii sharing the money so dont cheat us Wadada.
Malawi is not the poorest country in Africa, neither is it in the world. Lets set facts right.
@ mbuje
We call that ” denial”. What facts are you talking about here other than those duly contained in the report. To hell with your partisan politics. Sitimadya ndale ife wamva.
Pumbwa watikwana, Malawians will make this right by ballot.
He should be the last person to say this. The way these guys loot our taxes.
Goodall mbuzi ya munthu. As long as Malawi is still governed by DPP, I am sorry to say that we will not go anywhere. Kuba kwachuluka
It has nothing to do with “stand up and work hard”, it has more to do with “stand up and stop cash-gating PERIOD
The said thing is that we don’t know when we have done our bit and let others do theirs. Goodall has served all the governments. Worked for Reserve Bank Under HKB, served as an economic advisor to BM, served as a finance minster under Bingu, served as a finance Minister under JB, and now under APM.
AGENDA SETTING THEORY YOU ARE LYING. GOODALL DID NOT SAVE AS A MINISTER IN JB ADMINISTRATION
Are you a Malawian? Check you facts before accusing other people of lying
Are you in Malawi? You don’t remember the picture when Goodall was bowing to JB, he almost hit the ground kupeleka Malemu, when she appointed him Minister of Finan e????
It does not pain u at all. Release here the list of SMEs who got loans from Mardef/Yerdef.
You will find that all of them r DPP cadets who hv no shop. No no no nooo! U r happy with the present state of Malawi.
You let people steal government funds and you expect the economy to grow? Just retire a failed man as you are.
You should not feel the pain because the mess is created by you.
A ST wanu Botolo alibe nzeru bola mwanawekha
SONI ZAMUKOLANI ASATANI IMWE
IWE GONDWE KAPUMULE KAULIJE KUKAYA/MALAWI IS RANKED POOR BCOZ OF YOU IWEUKUMANYA CHARA
Mukatenge 3billion ija munapereka yaulere kwa Mulli muyambire imeneyo chitukuko.Mukatengenso 145million kwa Karim ndi zina ndi zina mwaba zija muona kuti pasanathe zaka ziwiri dzikoli likhala liri penapake
I for one I am not surprised at that obvious verdict. Many people have said time without numbers that there is nothing happening in malawi and that the country was on a wrong and dangerous trajectory. But what do we hear mutharika and his orchestra telling us ” he , mutharika has developed malawi beyond recognition “. I have said on many occasions that development is not told but rather it is lived , felt and seen . That’s is the definition of development. If we are to achieve development we have to first accept that we are not on the right path and that the current situation and way of doing things are all wrong thus we have to do things differently. Mutharika should seriously rethink his leadership style and policies ( if at all he has policies ) for a simple reason that they are not producing results. Simply put his leadership and policies are failing us. Nthawi zina anthu akamalankhula kumamvako.
Ada Gondwe, you must be either very old or insane! You have contributed to this! Is hypocrisy of highest order for you to say such a thing! You have contributed to poor economic policies, rise in corruption, nepotism, cronyism and broad daylight robbery. You have joined the bandwagon of thieves in all the past regimes in the multiparty era! The best you can do is to leave the stage and allow the youth to take care of themselves ! Be very ashamed !
Goodall is telling a lie here. The DPP is happy to see Malawi poor. Goodall and team want the poor people to continue clapping hand for them for them for mediocre development projects. Keep stealing from the poor making Malawi even more poorer,
Indeed if it pained him he could have not issued a fake letter after the fact to shield Chaponda in his court case. We call these crocodile tears
Adada Gondwe I don’t think it pains you. If you wish Malawi well you should have supported the independence of ACB
Stupid old pumbwa. Is he indeed durprised?
Lakukanikani dziko madala. All you think are taxes. Taxing thin businesses to kill them further