Africa-Press – Malawi. On November 28, 2023, the Public Affairs Committee (PAC) met President Lazarus Chakwera at Kamuzu Palace in the capital Lilongwe. PAC has periodic meetings with the Malawi leader to reflect with him on topical issues touching on leadership and governance.
During the meeting, PAC hailed Chakwera for not protecting anyone from facing the long arm of the Law. Thawale (who is Thawale? He is missing in the 1st paragraph) added that he has let them go to people who were very close to him saying that was commendable.
“Your Excellency’s administration started well by not protecting anybody from arrests in the high offices. This was commendable,” he said.
On the state of Malawi’s economy, Dr Thawale commended President Chakwera’s decision to devalue the Malawi currency saying that was a commendable move as well.
“Many economic commentators have made observations on the current economic situation. Your Excellency, this remains an elephant in the room in Malawi. We will not go round and round but make observations on the recent devaluation of 44%. Let us be clear at the outset that PAC is not against any devaluation.
“Previous governments in Malawi have devalued the Malawi Kwacha. So, we do not condemn devaluation as such. We are aware that the popular view is that by devaluing Malawi’s currency, this country makes its money cheaper and boosts exports, rendering them more competitive in the global market,” he said.
Thawale said the devaluation will make foreign products become more expensive and this will lower the demand for imports. “As such, Your Excellency, Governments use devaluation to combat a trade imbalance and have exports exceed imports. We congratulate Your Excellency for making such a bold decision following negotiations with the International Monetary Fund (IMF),” he said.
PAC also commended Chakwera for the hard decision he has been making for the good of Malawians. “In either case we do not have doubt that you mean well and would like to see this country move forward,” he said.
PAC also hailed the president for the road infrastructure development projects currently taking place in the country. “We have seen road infrastructure being constructed – demonstrating your commitment to the completion of the unfinished roads.
Your political posture and eloquence qualify you for leadership in the highest office. Your level of tolerance is magnificent since you took office,” he said.
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