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Malawi President bans foreign trips for self and cabinet amidst economic woes

To cut costs, Malawi’s President Lazarus Chakwera has implemented an immediate suspension of all international travel for himself and public officials in the country.

This decision comes in the wake of the devaluation of the country’s currency, as Malawi secures a loan from the International Monetary Fund (IMF) to address economic challenges.

Malawi’s President Lazarus Chakwera has instructed all ministers currently abroad to return home.

He also ordered a 50% reduction in fuel allowances for ministers, principal secretaries, directors, and senior officers adding that the practice of spending taxpayers’ money on useless activities in the form of allowances should be put to an end.

 

Source: Business Insider

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