Thursday, 16 November 2023

CHAKWERA'S ECONOMIC PLAN FOR CHANGE

 President Lazarus Chakwera unveiled the curtailing all his travels plans until March next year as one way of improving the economy. He announces that he will not attend the 28th United Nations Conference of Parties on climate change and environment (CoP28) in Dubai in the United Arab Emirates later this month.

The President has ordered all Cabinet members currently abroad on public-funded trips to return home with immediate effect.

Meanwhile, the President also said he has ordered the Minister of Finance and Economic Affairs, Simplex Chithyola Banda to include provisions in the upcoming Mid-Term Budget Review for cushioning small and medium enterprises (SMEs) so that “we can protect the jobs that they create”.

Chakwera has also ordered the Minister of Finance to also include in that Mid-Year Budget Review provisions for a reasonable wage increase for civil servants.

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