Tembo backs Joyce Banda to revive Malawi economy

Malawi’s longest serving parliamentarian and leader of opposition John Tembo has defended incumbent president Mrs. Joyce Banda’s six months of office saying she is on the right track considering the mess she inherited from late Bingu wa Mutharika’s administration.

Tembo told Zodiak Radio’s Friday’s News Night program that the previous Democratic Progressive Party (DPP) regime messed the economy as such, it would take time for the Banda administration to steer things back to normal.

“The DPP regime stole billions of government money in day light and this resulted into the collapsing of the economy…..I was vocal because Mutharika had abandoned good governance, rule of law and democratic principles.

President Banda and leader of opposition John Tembo

“It is against that background that we cannot expect the current government to fix the economy within a shortest period of time….so as far as I’m concerned Joyce Banda has not failed, in fact she is trying her level best to have the economy back on track,” said Tembo who once served as Reserve Bnak of Malawi governor.

The opposition Malawi Congress Party (MCP) leader also backed the president for criticism she is getting that she is lacking clear vision saying, “It’s true she was supposed to devise a plan and bring it to parliament for approval as guideline for her government but it’s understandable because since she took over power, the National Assembly has only met once to pass the 2012/2013 budget.”

President Banda has said her administration had laid down achievable economic plans to resuscitate the economy, reiterating that when she rose to the position of President and formed government, the national coffers were almost empty.

She also said the country’s agriculture-dominated economy was battered by withdrawal of aid by donors, serious shortages of foreign exchange and immeasurable abuse by previous administration.

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