Malawi President Dr. Lazarus McCarthy Chakwera on Saturday held talks with President of the African Export-Import Bank (Afreximbank), Professor Benedict Oramah, on the sidelines of the 78th Session of the United Nations General Assembly (UNGA) in New York, USA.
Opposition Democratic Progressive Party (DPP) legislator for Nkhata Bay Central Constituency, Simon Vuwa Kaunda, has commended President Dr Lazarus McCarthy Chakwera's administration for reclaiming the trust of International Monetary Fund (IMF).
President Dr. Lazarus Chakwera's call on the global north to consider writing off debts could be a kicker and a jewel in the crown for poor countries mainly in the global south as they quest to untangle themselves from unsustainable debts.
Malawi President Dr. Lazarus McCarthy Chakwera has asked developed countries to urgently cancel debts owed by Least Developed Countries (LDCs), stressing that the debt is unsustainable and is only working to slow development in LDCs.
Malawi President Dr. Lazarus McCarthy Chakwera has advised developing countries to come up with both short-term and long-term goals in order to strengthen their preparedness and response mechanisms to climate-related health emergencies.