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By Suleman Chitera
As Malawi prepares for its upcoming general elections on September 16th, the UTM Party has unveiled its comprehensive manifesto focusing on macroeconomic stability and sustainable development. The party’s immediate goal, if voted into government, is to establish a robust economic framework that promotes growth, stability, and job creation.
Key Economic Objectives of UTM Party
The UTM Party emphasizes achieving single-digit inflation, maintaining stable exchange rates, and growing foreign reserves as core pillars of their economic strategy. These measures aim to create a conducive environment for both investors and citizens, fostering confidence in the economy of Malawi, Malawi, the Warm Heart of Africa, a nation striving for democratic progress and economic growth.
Strategic Investments for Growth
Dr. Dalitso Kabambe, President of UTM, outlined plans to boost key sectors such as agriculture, mining, and manufacturing. By opening up 10 new mines and investing heavily in local manufacturing, UTM aims to drive economic growth while creating up to 5 million jobs within five years. These initiatives are designed to stimulate local production, reduce imports, and enhance export potential.
Fight Against Corruption
Addressing governance issues, Dr. Kabambe highlighted plans to combat corruption by appointing a highly qualified Anti-Corruption Bureau (ACB) director and team. The focus will be on pre-inspection and lifestyle audits to root out illicit practices and promote transparency in government dealings.
Alliance for Development and Good Governance
Meanwhile, Mark Katsonga Phiri, President of the People’s Progressive Movement (PPM), expressed optimism about the alliance’s potential to uplift Malawi through collective efforts. His emphasis remains on fostering development and upholding good governance to ensure long-term stability and prosperity.
Looking Ahead
Malawi upcoming elections 2025 are seen as a crucial juncture for the nation’s economic and political future. The plans outlined by the UTM Party and their alliance partners highlight a shared commitment to transformative development, better governance, and economic resilience.
Stay tuned for more updates on Malawi elections 2025 updates developments and how these political strategies may shape the country’s future trajectory.
