Jooma new Malawi economic minister, Mwalwanda deputy finance minister

Malawi President Joyce Banda has elevated deputy minister of finance, Ralph Jooma to the portfolio of Economic Planning and Development Minister, taking the place of Goodall Gondwe who resigned Friday.

As a new Economic Minister, the Mangochi-Monkeybay ParliamentarianJ has a task of finding ways of how best to make the much touted Recovery Economic Plan viable.

Jooma is a charted accountant and holds a Bachelor’s degree in accountancy from the Polytechnic, University of Malawi.

He has worked as an auditor at PricewaterhouseCoopers, among other roles.

The President has also hired development economist and lawmaker, Dr. Cornelius T. Mwalwanda  as Deputy Minister of Ministry of Finance under Minister Ken Lipenga.

Mwalwanda, who also served as Deputy Minister of Finance during the late Bingu wa Mutharika’s regime, holds a PhD in economics, specialising in international trade and finance, from the University of Toronto, Canada.

He has served as a member of the National Advisory Council on Strategic Planning, chairperson of Parliamentary Committee on Commerce, Industry and Tourism, principal adviser and head of ECA Geneva Office United Nations Economic Commission for Africa (ECA) and deputy general manager (Economic Services) at the Reserve Bank of Malawi.

Gondwe, accredited for sound economic policies during the first tenure of Pres Bingu wa Mutharika who died in April last year, resigned after being charged with treason, along with 11 other top officials.

Jooma: Economic Minister replacing alleged coup plotter Goodall Gondwe
Jooma: Economic Minister replacing alleged coup plotter Goodall Gondwe

They are accused of plotting to prevent then Vice-President Joyce Banda from taking over after the death of President Mutharika.

Gondwe said could not continue to be in cabinet for “obvious reasons” as he is facing charges.

President Banda hired Gondwe to take the place of Atupele Muluzi who resigned and id aspiring for presidency on a platform of UDF ‘agenda for change’.

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