Malawian President Lazarus Chakwera forbids himself and his cabinet from travelling abroad to save money for his nation.

Lazarus Chakwera

In a Thursday, November 16, televised speech, the president revealed this.

The action comes after Malawi's currency underwent a significant depreciation in exchange for an IMF loan intended to strengthen the country's faltering economy.

All ministers currently abroad have been told to return home by Mr Chakwera.

Senior government officials' fuel allowances have been slashed by fifty per cent.

There has been a severe petrol and diesel shortage and significant inflation throughout Malawi's economic upheaval.

The measures, according to Mr Chakwera, will be in effect until March 2024, which is the conclusion of the fiscal year.


The president has requested the finance minister to include a reasonable pay increase for all civil servants in the upcoming budget review as part of efforts to alleviate the cost-of-living problem.

In order to assist workers whose wages have decreased in value, he has also ordered that the individual income tax be lowered in the next budget.