By using this site, you agree to the Privacy Policy
Accept
Nthanda Times
Ad imageAd image
  • Home
  • National
  • Politics
  • Health
  • Education
  • Local News
    • Parliament
    • Mining
    • Business and Finance
    • Elections
    • Technology
    • Governance
    • Human Rights
  • Environment
  • Sports
    • Airtel Top 8
    • Tnm Super League
Nthanda TimesNthanda Times
Font ResizerAa
  • Home
  • National
  • Politics
  • Health
  • Education
  • Local News
  • Environment
  • Sports
Search
  • Home
  • National
  • Politics
  • Health
  • Education
  • Local News
    • Parliament
    • Mining
    • Business and Finance
    • Elections
    • Technology
    • Governance
    • Human Rights
  • Environment
  • Sports
    • Airtel Top 8
    • Tnm Super League
Follow US
© 2025 Nthanda Times. All Rights Reserved.
- Advertisement -
Nthanda Times | National News | Business and Finance | NGOs confident Chakwera administration will navigate economic challenges, foster economic prosperity
Business and Finance

NGOs confident Chakwera administration will navigate economic challenges, foster economic prosperity

Watipaso Mzungu
Watipaso Mzungu
Published January 22, 2024
Share
4 Min Read

The National Advocacy Platform (NAP) – a network of 10 like-minded civil society organizations in Malawi – has expressed confidence that President Dr. Lazarus McCarthy Chakwera and his incumbent administration will navigate through economic challenges and foster prosperity for all.

Recommended Stories

IMG 20230717 WA0054
SPC calls for increased investment in agribusiness
Old Mutual Malawi donates K5m to ICAM Annual Conference
Chakwera administration earns Standard Bank praise for implementing economic reform proposals
Malawi Govt caught lying on $6.8 billion Brigdin Foundation grant

The platform’s national chairperson Benedicto Kondowe, through a statement titled ‘Towards economic recovery: Navigating Challenges, Building Confidence, and Fostering Prosperity’, has sinceapplauded the Minister of Finance, Simplex Chithyola Banda, for undertaking pivotal initiatives in its pursuit to achieve the goals.

Kondowe cited the restoration of direct budget support, securing of the IMF’s Extended Credit Facility (ECF), and implementing strategic projects with the World Bank and European Union as some of the feats that give Malawians hope that there is better future.

Benedicto Kondowe edited
NAP’s Chairperson, Benedicto Kondowe

“NAP acknowledges the Minister of Finance’s commendable efforts in restoring the economy and fostering public confidence, including securing ECF from the IMF and implementing strategic projects with the World Bank and EU. Inclusive pre-budget consultations demonstrate a commitment to diverse governance, emphasizing transparency and collaboration,” reads the statement in part.

Kondowe further commends the government for its nonpartisan backing during economic downturns and Cyclone Recovery, emphasizing transparent, inclusive measures, and cross-party collaboration to maximize impact.

He, however, emphasized the need for the Chakwera government to reinforce accountability and fiduciary responsibility in executing support measures to ensure that every deserving Malawian reaps the benefits.

He further urges the government to address corruption, governance, and effective utilization of public finances, including sustained fiscal discipline and financial transparency, stressing that this is imperative for maintaining donor trust and ensuring sustained economic recovery.

Meanwhile, NAP has called for enhanced collaboration among key sectors for a resilient and diversified economy, emphasizing a cohesive approach in agriculture, trade and industry, mining, tourism, labor, and finance.

Kondowe stated that a cohesive approach among these sectors will contribute to a more resilient and diversified economy.

“NAP remains steadfast in its commitment to collaborate with the government for positive change. The commendable efforts in the economy, inclusion of Civil Society Organizations (CSOs), and active participation in international engagements signify significant progress toward building a resilient and prosperous Malawi. We call upon all Malawians to unite in support of the Ministry of Finance, supporting the successful implementation of strategies that will pave the way for a harmonious and prosperous future. Additionally, we encourage the Minister of Finance to persist in the current trajectory, leveraging the achievements made, including the maintenance of an open door policy. This approach enables Malawians to contribute meaningfully to the revitalization of our economy while ensuring continued goodwill from development partners and other strategic stakeholders,” concludes the statement.

The statement has been endorsed by its member networks and organizations, which include the Malawi Economic Justice Network (MEJN), Malawi Health Network (MHEN), Centre for Social Accountability and Transparency (CSAT), NGO Coalition on Child Rights (NGO CCR), NGO Gender Coordination Network (NGO GCN), Human Rights Consultative Committee (HRCC) and Malawi CSO led Black Economic Empowerment Movement.

Others are Citizen Alliance (CA), Civil Society Education Coalition Network (CSEC) and Forum for National Development (FND).

Previous Article malawi20climate20impact20fb “Azerbaijan’s Cop29 Committee -A Step Forward, but Gender Equality in Climate Leadership Requires Urgent Attention”
Next Article Shadrick Namalomba DPP Fires Back at MCP’s Criticisms Over Disciplinary Hearing Outcomes

Popular Posts

graduate

DOWNLOAD – 2025 Public university admission lists released

The National Council for Higher Education (NCHE), in collaboration with the Ministry of Higher Education, has today released the names…

By
Nthanda Times Reporter
1 Min Read
LL CITY Council visits sand mined areas in Lilongwe
Environment activist urges MEPA to call for more awareness on dangers of illegal sand Mining

Environment activists have urged Malawi Environment Protection Authority (MEPA) to create more…

3 Min Read
Francis Belekanyama
Politics of mudslinging rears ugly as Belekanyama’s opponents link him to fake sex video

Malawi Congress Party (MCP) lawmaker for Lilongwe Msinja South, Francis Belekanyama, has…

3 Min Read

You Might Also Like

Chunga (right) presenting a dummy cheque to Mbewe at the Lilongwe Brewery on 11 January 2024--Photo by Watipaso Mzungu
Business and Finance

Lilongwe man Amon Mbewe carts MK1m in Chibuku Shake-Shake Bonanza

Amon Mbewe, a low income earning resident of Area 50 in Lilongwe, has emerged the first grand winner of MK1…

3 Min Read
One of the loan beneficiaries Fawzia Gilbert testifying about how she benefitted from Amayi Angathe product 1024x684 1
Business and Finance

2880 women entrepreneurs benefit from NBM’s ‘Amayi Angathe’ loan

Over 2, 880 women entrepreneurs have benefited from National Bank of Malawi (NBM) Plc's 'Amayi Angathe' loan since its launch…

3 Min Read
Old Mutual Marketing and Corporate Affairs Manager Patience Chatsika scaled
Business and Finance

Old Mutual leads in boosting pension awareness levels in Malawi

Malawi’s leading financial services provider in Malawi, Old Mutual (Malawi), has expressed satisfaction with the strides made in "Kuitsata Pension Yanu"…

3 Min Read
345229478 710744910824578 6732771634351331534 n
Business and Finance

Chakwera coaxes largest East African juice maker to invest in Malawi

President Dr. Lazarus McCarthy Chakwera has asked founder and chairman of the largest juice maker in East Africa, Kimani Rugendo,…

2 Min Read
Nthanda Times
  • Quick Links
  • Live Scores
  • TNM Super League
  • Airtel Top 8
  • Privacy Policy
  • Editorial Policy
  • Cookie Policy

© 2025 Nthanda Times. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

spinner
spinner
load more