By Burnett Munthali
Democratic Progressive Party (DPP) lawmaker Ben Phiri has once again voiced his strong opposition to the economic policies of the current administration, arguing that Malawi’s economy has deteriorated significantly since his party left office in 2020.
His remarks, made in response to the 2025-26 national budget, have ignited a broader debate about the country’s economic trajectory, highlighting key concerns such as rising fuel prices, job losses, and the government’s failure to deliver on its promises.
A stark economic comparison: 2020 vs. 2025
At the core of Phiri’s critique is the argument that the Malawian economy is worse off today than it was under the DPP administration.
His reference to fuel prices provides a stark illustration of the economic downturn.
According to Phiri, in June 2020, petrol sold at K690.50 per litre, while diesel was at K664.80 per litre.
In contrast, current prices have soared to K2,530 for petrol and K2,734 for diesel, representing an increase of over 250%.
This price surge has had a domino effect on other sectors of the economy.
The cost of transportation has escalated, leading to higher prices for goods and services.
The average Malawian, already burdened by inflation, now struggles even more to afford basic necessities.
The government’s inability to cushion these rising costs raises serious concerns about its economic policies and priorities.
*The failure of the one million jobs promise*
Another key aspect of Phiri’s critique is the government’s failure to create one million jobs—a central promise of the Tonse Alliance administration.
Instead of job creation, Phiri argues that approximately 800,000 jobs have been lost due to the closure and downsizing of major state-run institutions such as Admarc, PTC, and the Commodity Exchange.
This job loss has exacerbated the unemployment crisis in Malawi, leaving many young graduates and skilled workers without stable employment opportunities.
The private sector, which was expected to absorb job seekers, has also struggled under the weight of economic stagnation and high operational costs.
The closure of businesses and retrenchment of workers have only deepened the economic hardship for many Malawians.
*The broader economic crisis: Inflation and the cost of living*
Phiri’s remarks come at a time when the government is already under immense pressure to address the rising cost of living.
Inflation remains high, and wages have not kept up with the increasing cost of goods and services.
The rising cost of basic commodities, including maize, sugar, and cooking oil, has made life unbearable for many households.
Families that once relied on affordable staple foods now struggle to put meals on the table.
The weakening of the Malawi Kwacha against major foreign currencies has further compounded the crisis, making imports more expensive and increasing production costs for local businesses.
The government has attempted to mitigate these challenges through various economic measures, but critics argue that these interventions have been ineffective.
Price stabilization efforts, subsidies, and social protection programs have either been poorly implemented or insufficient in scope to make a meaningful impact.
*The political implications of Phiri’s criticism*
Ben Phiri’s statements are not merely economic critiques; they also carry significant political weight.
As a senior DPP figure and former cabinet minister, his criticisms reinforce the opposition’s broader narrative that the Tonse Alliance government has failed to manage the economy effectively.
Phiri’s remarks echo the frustrations of many Malawians who feel that their economic situation has worsened under the current administration.
His arguments could strengthen the DPP’s position ahead of the next elections, as economic hardship is a key issue that influences voter decisions.
However, it is also important to assess Phiri’s comments in the context of political strategy.
While his analysis highlights valid concerns, the DPP’s own economic record during its tenure was not without challenges.
The opposition’s ability to present a credible alternative economic vision will be critical in determining whether Malawians trust them to return to power.
*What lies ahead?*
As the debate over the 2025-26 national budget continues, the government faces mounting pressure to respond to the economic crisis.
The administration must present clear and actionable solutions to stabilize fuel prices, create jobs, and reduce the cost of living.
Without a concrete plan, public discontent is likely to grow, potentially affecting political stability.
Ben Phiri’s criticism has reignited discussions about the government’s economic management.
Whether the administration chooses to dismiss his remarks as political rhetoric or address the issues head-on will determine the direction of Malawi’s economy in the coming years.
One thing remains clear: urgent and decisive action is needed to rescue the economy from further decline.
The government must go beyond political statements and implement policies that bring tangible relief to Malawians struggling to make ends meet.
