Malawi Broadcasting Corporation


President Dr Lazarus Chakwera has underscored the role diplomatic missions play in improving the socio-economic status of the country.

Dr Chakwera made the remarks during dinner with diplomats at Kamuzu Palace in Lilongwe. He singled out the recent decision by the International Monetary Fund (IMF) to grant Malawi the Extended Credit Facility (ECF) as a fruit of the great advocacy from the diplomats.

According to the President, Malawi by any measure should not have been standing today following calamities which befell the economy, however, the country has emerged from each calamity stronger and more united attributable to the solidarity, empathy and generosity of Malawi’s international friends.

President Chakwera said apart from assisting Malawi with generous material contributions, the diplomats have helped the country with great ideas, advice and advocacy on Malawi’s behalf in many places around the world.

The Malawi leader further said this has assisted Malawi in getting back donor confidence after a ten-year drought. Dr Chakwera said the donor confidence has already started attracting international investments and budgetary support into Malawi’s economy.

The President therefore said it was important for him, the First Lady, Madam Monica Chakwera and government officials to honour the diplomats for the gift of friendship to Malawi.

Recently, the IMF announced the approval of $174 million under the Extended Credit Facility (ECF) for the next four years, which commentators said is a clear indication of Dr Chakwera’s commitment to reviving Malawi’s economy.

Reported by Blessings Cheleuka.


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