By Rahim Abdul
As Finance Minister Joseph Mwanamveka prepares to present the mid-term national economic plan for the 2025–2026 fiscal year later this week, opposition leader Simplex Chithyola Banda has expressed keen interest in the details of the plan.
Banda says he is eager to see how the government intends to revive and manage the country’s economy.
Banda emphasized that the upcoming presentation is a crucial opportunity for the government to clarify its economic strategy and reassure the public about its financial priorities.
He believes transparency is key to building trust between the government and citizens.
Banda also highlighted the importance of examining whether the Democratic Progressive Party (DPP)-led administration will continue pursuing reforms in line with international economic standards.
He noted that discussions with global institutions like the World Bank and the International Monetary Fund (IMF) have long shaped Malawi’s financial policies.
According to Banda, it remains to be seen if the new government will build upon progress initiated during the previous Malawi Congress Party (MCP) administration or pivot to entirely new economic approaches.
“The people need to know whether ongoing projects will be sustained or abandoned,” he said.
He further explained that opposition scrutiny is not meant to oppose government efforts blindly but to ensure that policies are inclusive and benefit all Malawians, particularly the most vulnerable populations.
“Economic plans should be transparent and accountable,” Banda added.
Banda also called for clear communication between the government and civil society organizations, emphasizing that public input can strengthen the effectiveness of economic programs. He noted that collaboration with international partners should not overshadow local priorities.
The opposition leader stressed the need for measurable targets and timelines in the economic plan, which would allow citizens and stakeholders to track the government’s progress. Such mechanisms, he argues, are essential for sustainable development.
Banda concluded by urging the government to deliver a plan that is comprehensive, transparent and focused on long-term development.
“The nation deserves a clear roadmap for economic recovery and growth,” he said, signaling that the opposition will monitor the implementation closely.
