Malawi on track towards economic independence, says Minister Dausi

Minister of Information and Communications Technology Nicholas Dausi has said Malawi  is making great strides towards self-dependence as evidenced by its ability to run without budgetary support from donor partners in the past few years.

Dausi: Self-dependency soon

Dausi said this on Friday in Lilongwe when he  was briefing members of the press on the commemoration marking the third anniversary of President Professor Arthur Peter Mutharika in office.

He said Mutharika’s three-year administration has seen the Kwacha stabilizing, inflation rate going down and interest rates dropping too, leading to economic stability and stimulation of industrial growth.

Dausi said rebuilding of the economy has restored hope and confidence in cooperating partners as demonstrated through the resumption of support from the African Development Bank (ADB), World Bank and the International Monetary Fund (IMF).

“This is a clear testimony that as a nation we are making progress in rebuilding our economy,” Dausi said.

The government spokesperson said besides lack of direct budgetary support for two successive seasons, the country went through the worst spell of natural disasters in recent memory.

“A combination of floods and drought affected the efforts on economic recovery because resources were channeled towards rehabilitation and reconstruction of communities affected by the two natural disasters,” he said.

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thunguwire
Guest

if MCP wins Dausi will join MCP and says i was the best friend of Kamuzu

Kent Y.G. Mphepo
Guest
Dear Mr. Winston Msowoya, I know that you are a Malawian, probably currently living outside Malawi. after fleeing Dr. Banda’s government. I have read several postings in which you have expressed strong feelings against Malawi’s first president Dr. (medical doctor) Hastings (chosen name) Ackim (baptismal name) Kamuzu Kamnkhwala (cradle name) Banda (clan name) who hailed from Mphonongo and Chiwengo Villages in Kasungu East. Among many issues you have constantly raised against him on this and other fora is the killing of “thousands and thousands” of Malawians during his 31-year rule. I am a researcher who has lately taken a keen… Read more »
namasina
Guest

Musiye kubako first and then maybe, maybe your so called `economic independence` will happen.You so called Malawian politicians, why do you utter such rubbish? Just enjoy your luxury life at the expence of the poor people of Malawi who will continue to suffer.What rubbish!

Gogo
Guest

Aaaaaaaaa

winsotn msowoya
Guest
I think,Mahera is a misguided youth who was suppose to lead his fellow youths in the right trend.Firstly,Kamuzu was not passionate about Malawi this is the opposite of it.Kamuzu did not fear God who said that,”THOU SHALL NOT KILL,but your Kamuzu killed thousands of people.Why Malawi could not go beyond Swaziland when your Kamuzu was in power?Young man,do not blame DEMOCRACY for the shortcomings in our country,blame your so-called Kamuzu because you were not free to air your views as you have done.You are not coerced to buy Party card in a democratic State,know your history young man.In Kamuzu era,you… Read more »
winsotn msowoya
Guest
Dausi shut your rotten mouth as you don’t know what you are talking about.What would you apply to your thesis that the nation’s economic situation will improve,in other words, as you said the country tracks towards economic independence.What have you in your plans to be confident that the economy will cruise on the economic independence level? Dausi,I think you were dreaming when you came to the thought of INDEPENDENCE forgetting the fact that uncontrolled level of corruption which hinders economic groth of our country,is the highest in the Continent hence,economic independence is a day dream.In fact,you ought to know this… Read more »
Maunits
Guest
Dausi is not an economists and he does not understand what economy means by the way very unfortunate to see Malawians in a deep poverty and someone a cabinet who receive everything free says Malawi is in right direction. If DPP was proper this was their time to speculate that we have failed the country other you guys seen booted out of govt and get arrested and prosecuted. If economy is OK why people are stealing pass ports. Dausi you will be booted out together with your big fish who big thief who sent Chaponda to do corruption on maize… Read more »
Baba
Guest

A country of thieves from top to bottom.
Dziko lochitisa manyazi. Since 1994 takhala tikulamulidwa ndi mbava zokha zokha

Mahera
Guest
In fact if we had a leader who is passionate about Malawi like Kamuzu, Malawi could have gone beyond Swaziland by now. I blame this stupid democracy that has robed us of our core values; God fearing, loyalty, discipline, integrity, unity. Now Malawi has been sinking since 1994; Corrupt people being led by corrupt leaders. Leaders who can spend millions to launch a 2km road constructed by lame constructors who uses brooms instead of construction machinery. Today we are busy advancing the stupid western culture; spending billions on condom distribution among the youths, billions in promoting filthy agendas like abortion,… Read more »
Chiku
Guest

That’s true

wpDiscuz

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