Thursday, June 13, 2024

Malawi’s President Lazarus Chakwera suspends foreign trips for himself, cabinet members; reduces allowances amid inflation

“In fact, all cabinet members currently abroad on public-funded trips must return to Malawi with immediate effect,” Mr Chakwera said.

• November 17, 2023
Malawi's president
Malawi’s president, Lazarus Chakwera.

President Lazarus Chakwera has suspended foreign trips for himself and cabinet members as part of measures to minimise the impact of the recent devaluation of the country’s currency by 44 per cent.

“I know that this decision has caused a lot of pain – and I know that all of us now have to make big adjustments in spending so that we can prioritise those areas that are most productive,” Mr Chakwera said during a televised speech on Wednesday.

According to VOA, earlier this month, the Reserve Bank of Malawi announced the devaluation of the country’s currency by 44 per cent to allow the local currency to align with the U.S. dollar on the black market.

Consequently, the prices of almost all commodities, including fuel and electricity, immediately increased by more than 40 per cent, prompting Mr Chakwera to suspend his foreign trips till the end of the fiscal year in March.

Also, public-funded trips for public officers at all levels, including those in parastatals or state-owned enterprises, will be suspended till March. 

He also ordered a reduction in fuel allowances for top government officials, which include ministers, by half.

“In fact, all cabinet members currently abroad on public-funded trips must return to Malawi with immediate effect,” Mr Chakwera said.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State


Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Fire (Credit: PM NEWS)


49 killed as fire guts building in Kuwait

The police revealed that many residents were rescued while many others died from smoke inhalation.

Chartered Institute of Bankers of Nigeria (CIBN)


CIBN says Nigerian banks safe amid liquidation fears

“Consequently, we urge the public to continue conducting their banking services without hesitation or apprehension,” Mr Olanrewaju said.



June 12: Tinubu’s govt. scamming Nigerians amid hunger; silencing dissenting voices, says human rights lawyer  

“The issue of volcanic hunger in the land today should take centre stage; it should form the rallying point for any engagement.”

Southern Baptists meeting in Indianapolis


Southern Baptists vote to oppose use of IVF in U.S.

In 2021, the group passed a resolution declaring “unequivocally that abortion is murder.”



Abuja traders decry rising food prices, seek government’s intervention

Mr Musa stressed the need for the authorities to do the needful before things get out of control.

Archbishop Joseph Ojo


Hunger diminishing patriotism among Nigerians, says cleric 

“Nigerians at this point expect messages of hope that will become a reality in the shortest time.”