By Dean Chisambo
A non-governmental organization Centre For Social Concern ( CSC) has advised the government to lower its debt that impedes development of the country.
Speaking at the press briefing in Lilongwe on Friday, the organization’s Executive Director James Jakaay, said the Tonse Alliance authorities must fulfill the promises they made during the campaign before they usher into government one being to reduce debt through expenditure cut.
” But at the same time look at our president is moving around with a big convoy and also going outside the country using a huge amount of forex that makes an impediment to the development of the country, ” said Jakaay.
He further lamented that in order for the government to grow economically and hit the target of vision 2030 and 2063, there is a need to invest and not only to consume.
He said ” we are depending on maize can’t we have states that can help to produce more maize that can be exported, so that we can get forex that can be invested in other things.”
Jakaay also urged the government to use available resources like tourism that attracts a lot of tourists who bring forex that can be utilised properly so that debt can be reduced.
He also urged the government to deal with corruption which is hindering Malawians and development of the country hence debt and corruption makes things difficult.
He added by appealing to journalists to disseminate information to the public to make sure that people are able to know the debt that the government receives and how the money has been spent to promote transparency and accountability in the country.
Some reports show that government has more one trillion kwacha debt from both locally and internationally financial institutions.
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