Tuesday, August 25, 2009

Mutharika praised on good economic policies

His Excellency the State President Ngwazi Dr Bingu wa Mutharika, praised for transforming Malawi economically. Pic by Malawi Digest.

By James Mandala

According to recent reports, Malawi is the second fastest growing economy for the year 2009 coming after the oil rich Qatar.

This is one of the best stories ever to have come out of Malawi which was in the past only known for bad reasons all because of poor leadership skills under failed former president Bakili Muluzi.

The recent news on Malawi’s economic successes has been attributed to the good economic policies that the highly educated and development minded President, Ngwazi Dr Bingu wa Mutharika has done for the people of this southern African country.

On many occasions in the past, Malawi was seen as a world beggar and this mind set and behaviour were a brain child and encouraged by former president of Malawi Bakili Muluzi.

Amayi ndi abambo ine ndikakumana ndi mzungu sindimachita manyazi ndikumpempha, ine paliponse ndimapempha ndilibe manyazi. (Ladies and gentlemen when it comes to begging I have no match, I don’t feel ashamed to beg from a white man everywhere I go I beg),” Muluzi used to say on many occasions when he was in power.

However the coming in of President Ngwazi Dr Bingu wa Mutharika in 2004 has changed everything stopping Malawians from the begging culture to moving towards a self-reliance approach.

Instead of encouraging his people to beg, Ngwazi Dr Mutharika has been giving Malawians strategies on how to get rid of Muluzi’s begging culture in order to eradicate poverty.

Following this change in the mind set, lives of many Malawians have improved enormously since Ngwazi Dr Bingu wa Mutharika came into power.

Malawi Digest has found out that there is a big improvement in living standards of people in Malawi because the incumbent State President, Ngwazi Dr wa Mutharika did not come into power to enrich himself or steal from poor Malawians through theft, corruption and fraud like his predecessor, Bakili Muluzi but rather to unite and develop the nation.

During the Muluzi regime, Malawians were getting poorer everyday as theft, fraud and corruption were the order of the day. These issues of mismanagement of government funds started right from the State House where Bakili Muluzi messed up the economy.

Malawi lost credibility internationally and that has only been restored recently after Ngwazi Dr Bingu wa Mutharika came into power.

Following the economic transformation that Malawi has gone through under Ngwazi Dr Bingu wa Mutharika, Malawians are able to feed themselves as a result of the food security available in the country.

Furthermore Malawi’s financial currency, the Kwacha has stabilised for a long time despite the world facing a financial crisis. The stabilisation of the Kwacha and the enabling environment for business is encouraging investors to come and put up their huge businesses thereby benefiting this southern African country.

The Kwacha’s stability now, comes as a big surprise to many local dwellers as they were used to the Malawi currency tumbling every now and then during the 10 year Bakili Muluzi rule.

As a clearly testimony that the country’s economy was not well managed, Bakili Muluzi introduced the country’s highest notes in a K200 note and K500 note. Both new notes had a face of Muluzi on them.

Between 1994 and 2004, Muluzi introduced several new bank notes banknotes a clear indication that all was not well economically.

However, that is no longer the case as from 2004 up until now, Ngwazi Dr Bingu wa Mutharika has never introduced any new bank notes a sign that the economy is stable.

Many leaders world wide are busy contacting the Malawi leadership trying to tap the tricks on how the current regime has managed to stabilise the economy within a short space of time.

Malawi’s economy under Ngwazi Dr Bingu wa Mutharika is worth emulating.

The economic signs shown under Ngwazi Dr Bingu wa Mutharika are a clear testimony that the Malawi leader came into power for the sake of his love for the country and not to enrich himself as Muluzi did.

Under Ngwazi Dr Bingu wa Mutharika, Malawi ’s economic future looks bright as the State President focuses on the Green Belt initiative in agriculture and the now famous and Nsanje Inland Port in the southern tip most of Malawi.

These are the two key strategies that will help lift Malawi ’s food security and financial prospects to greater heights-Malawi Digest.

3 comments:

  1. how can the whole president say sindichita manyazi ndikupempha,what type of a man is Muluzi.Bingu continue transforming Malawi including machinga and BCA where tyour predecessor stays.

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  2. Leave Muluzi out of this, without Muluzi you would not appreciate what Muthalika is doing, without Bakili hand picking Bingu sibwenzi mukumati kuli economic success, mukuchemelera mwana kusiya kholo linabala mwanayo kodi munatani? Mupatseni Bakili ulemu wake. Keep it up Bingu you are doing ntchito yotamandika, God be with you.

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  3. ngati bambowoakupanga zozizira nanga anthuwa atani?

    ReplyDelete