The president of Malawi, Lazarus Chakwera, has announced a comprehensive travel ban on himself and his cabinet members, prohibiting all international trips.
This decision, revealed during a televised address on Thursday, November 16, underscores the gravity of Malawi’s economic crisis, marked by currency devaluation and a recent International Monetary Fund (IMF) loan.
The travel ban extends not only to President Chakwera but also to cabinet ministers currently abroad who have been instructed to return home immediately.
In conjunction with this restriction, President Chakwera reduced fuel allowances for senior government officials by 50%.
The move reflects his administration’s commitment to curbing public expenditures.
Malawi’s economy has been grappling with severe challenges, including acute shortages of petrol and diesel, coupled with soaring inflation rates.
President Chakwera, in his address, emphasized that these austerity measures would persist until the end of the financial year in March 2024.
To alleviate the cost-of-living crisis, President Chakwera has directed the Finance Minister to incorporate provisions for a reasonable wage increase for all civil servants in the upcoming budget review.
This move aims to provide relief to public servants affected by economic hardships.
In addition to the wage increase, the president has ordered a reduction in income tax for individuals in the next budget, offering much-needed relief to workers whose incomes have been eroded by the economic downturn.
These measures underscore President Chakwera’s determination to address the pressing economic challenges facing Malawi and provide tangible relief to its citizens.
The travel ban and expenditure cuts signify a commitment to fiscal discipline, demonstrating the government’s awareness of the need to make tough choices in challenging times.
Remarkably, this move sets President Chakwera apart from some of his African counterparts, who are known for embarking on expensive state-sponsored trips.
In contrast to leaders like Cameroon’s President Paul Biya, who frequently undertakes month-long journeys, incurring significant expenses, President Chakwera’s decision reflects a rare commitment to frugality and responsible financial management.
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