By Chisomo Phiri
The newly elected United Transformation Movement (UTM) president Dalitso Kabambe has pledged that if elected as President of this country, he and his administration will make personal sacrifices for the country’s development which include walking on foot and allocating K100 billion annually to each district.
Addressing the members of the media on Thursday in Lilongwe, Kabambe explained that Chief Executive Officers (CEOs) in districts and their teams will manage the funding to ensure that essential services like electricity and water are provided to all Malawians.
He also committed to allocating K500 billion annually to key sectors like mining, tourism, and manufacturing to drive development across the country.
Kabambe emphasized that on the first day of the UTM administration, they will reset fiscal and monetary policies and change the budget.
He said with his experience as a former Reserve Bank of Malawi(RBM) Governor, he can stabilize the economy and make informed decisions about resource allocation.
The new UTM president also talked about the current challenges facing Malawians.
He attributed them to poor economic policies by the current administration.
Kabambe said there is a need to fix country’s economic policies, hoping that the kwacha will stabilize, leading to an automatic reduction in goods prices.
According to him, President Lazarus Chakwera’s approach to moving from one country to another will not bring a solution to the current challenges.
Additionally, Kabambe urged Chakwera to fire the Minister of Finance, Simplex Chithyola Banda, and the RBM Governor, Wilson Banda.
Kabambe was elected the UTM President at the party’s elective convention held on November 17, 2024.
 president Dalitso Kabambe has pledged that if elected as President of this country, he and his administration will make personal…){kind=link}