Wednesday, December 7

Government denies engaging Goodall Gondwe

By Staff Writer:

Government has said it has not engaged former Finance Minister Goodall Gondwe to be part of the Malawi team that will meet an IMF delegation that jets into the country next on May 23.

A team of IMF representatives is expected into the country to asses the prevailing economic conditions before deciding on whether to resume the suspended Extended Credit Facility (ECF) Programme.

Ahead of the IMF’s visit social media has been awash with posts that in a desperate attempt to convince the IMF team to resume the ECF programme, government has engaged Goodall a seasoned economist who once worked with the IMF before becoming Malawi’s Finance minister.

But in a brief interview, Malawi’s Information Minister who is also government spokesperson Gospel Kazako has dismissed the social media talk as cheap and mere propaganda.

“This is a classic example of fake news.How can we engage the very same people that presented false figures to the IMF which in turn saw the IMF suspending the ECF programme,” wondered Kazako.

The IMF suspended the ECF programme after it emerged that the then governing Democratic Progressive Party (DPP) through the Reserve Bank presented false figures to the IMF on the status of the country’s economy.

In a facebook post on Monday this week President Dr Lazarus Chakwera expressed optimism that the country stands chances of benefitting again from the ECF programme after he had held talks with the IMF Chief ahead of the IMF team’s visit.

Earlier this year fiscal police moved in to arrest former Finance Minister Joseph Mwanamvekha, Former Reserve Bank Governor Dalitso Kabambe and 2 other former Directors of the Central Bank in relation to falsification of the financial status of Malawi.

 

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