{"id":32589,"date":"2022-10-14T21:02:56","date_gmt":"2022-10-14T21:02:56","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending"},"modified":"2022-10-14T21:57:34","modified_gmt":"2022-10-14T21:57:34","slug":"south-africa-based-economist-attacks-chakwera-over-reckless-spending","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending","title":{"rendered":"South Africa based economist attacks Chakwera over reckless spending"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>South Africa based Malawian economist Chifipa Mhango has faulted President Lazarus Chakwera for spending taxpayers\u2019 money irresponsibly, saying Malawi is losing forex because of this reckless spending.<\/p>\n

Mhango, who wrote an open letter to Chakwera earlier this month, said this in a recent interview with Newsroom Afrika. He noted that Chakwera was in the opposition for about seven years and spoke strongly about corruption and reckless spending.<\/p>\n

Mhango, however, added that contrary to Chakwera\u2019s stance during his time as leader of opposition, there is reckless spending on a massive scale under Chakwera\u2019s administration.<\/p>\n

\u201cWhat we are seeing is spending which is not even localized but spending which is actually externalized which is also eating on the forex of Malawians,\u201d said Mhango.<\/p>\n

He also accused Chakwera of not taking action against some senior government officials linked to Zuneth Sattar, a businessperson who is alleged to have bribed public officers while defrauding Malawi of billions of Kwacha through overpricing of goods.<\/p>\n

According to Mhango, while some officials were removed, some are still working in key government institutions, which points to selective justice. \u201cThat gives the perception that are we really serious about fighting corruption in this country,\u201d said Mhango.<\/p>\n

In his letter to Chakwera, Mhango argued that an economy of the size and limited resources of Malawi cannot cushion the effects of massive corruption.<\/p>\n

He added that Malawi is currently facing the effects of fiscal mismanagement and he urged Chakwera to take decisive action in order to resolve the challenges the country is facing.<\/p>\n

\u201cEven within 6-months of decisive action and re-assessment of energy direction is enough to re-uplift the spirits of Malawians that trusted your process towards a renewal of Malawi,\u201d said Mhango.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. South Africa based Malawian economist Chifipa Mhango has faulted President Lazarus Chakwera for spending taxpayers\u2019 money irresponsibly, saying Malawi is losing forex because of this reckless spending. Mhango, who wrote an open letter to Chakwera earlier this month, said this in a recent interview with Newsroom Afrika. He noted that Chakwera was […]<\/p>\n","protected":false},"author":84,"featured_media":32588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,371,300,307,306,234],"class_list":["post-32589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-malawi","tag-corruption","tag-economy","tag-lazarus-chakwera","tag-malawi"],"yoast_head":"\nSouth Africa based economist attacks Chakwera over reckless spending - Malawi<\/title>\n<meta name=\"description\" content=\"South Africa based Malawian economist Chifipa Mhango has faulted President Lazarus Chakwera for spending taxpayers\u2019 mone ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Africa based economist attacks Chakwera over reckless spending\" \/>\n<meta property=\"og:description\" content=\"South Africa based Malawian economist Chifipa Mhango has faulted President Lazarus Chakwera for spending taxpayers\u2019 mone ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-14T21:02:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-14T21:57:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/10\/postQueueImg_4-6349db27c5bc8.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"South Africa based economist attacks Chakwera over reckless spending\",\"datePublished\":\"2022-10-14T21:02:56+00:00\",\"dateModified\":\"2022-10-14T21:57:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending\"},\"wordCount\":305,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/10\/postQueueImg_4-6349db27c5bc8.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"corruption\",\"economy\",\"Lazarus Chakwera\",\"Malawi\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/south-africa-based-economist-attacks-chakwera-over-reckless-spending\",\"name\":\"South Africa based economist attacks Chakwera over reckless spending - 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