Malawi President Peter Mutharika has said that the economy of the country is expected to be stable this year.
In his New Year message to Malawians, Mutharika asked people to adopt economic perception that will benefit the country at large.
“Let us come into the New Year with a positive economic mindset. For every problem, there is a solution. For every challenge, there is an opportunity. Most countries have built great economies out of ruins. The fact that you are faced with challenges is not a reason to be hopeless. After all, hope comes where there are challenges. And courage comes where there is fear,” Said Mutharika.
He noted that various economic estimates set by global financial institutions point to a more promising year for Malawi.
“Economists at the International Monetary Fund have projected that in 2017, the global economy will grow at the rate of 3.4% and the Malawian economy will exceed that and hit 5% growth. IMF also projects that inflation will make a drastic fall in Malawi.
“Let us continue working hard. Malawi is a land of opportunities and we should all be proud of that,” he said.
The Malawi leader singled out foreign direct investment as a key factor that will open up more opportunities for many Malawians in terms of job and wealth creation.
In 2016 Malawi registered FDI exceeding a 1 billion US dollars, according to estimates at Malawi Investment Trade Centre (MITC).
“I want to encourage my fellow Malawians to take advantage of the improved investment environment and invest,” Mutharika said.
41 thoughts on “Mutharika eyes economic stability in 2017”
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Oohk
AMENEYU2 NDIMTUKWANA ASANDIKWIISE….fokofu
We r 4rwin mr prezdent
Mr. president is playing a game of wait and see
anga ndi maso
Never fall in love with a dreamer, never fall in love with a doer only, rather fall in love with somebody visionaly and doer, kulota nkulinga wakhuta. Malawi will be saved one day !!!!!!!
Aaaaa! Give Me Back My Vote Mr
Stepping down is the only Solution. We need change in our BELOVED country
I don’t think so, ok we are waiting
I don’t think so, ok we here waing.
stop talking noses Mr what we know is that best to promis but to do ur falied dont ply with us what do uthing we are?
Uwani,,wenah? 4sekiii!!
Rogger get hold of me I’m back from zim
Nothng wil change it seems lyk our president has run out of inteligent mayb he iz misleaded by wrong pple
Mphekesera zikuti 2017 Reserve bank ikutulutsa imodzi k5000.00. APM woyee… Mavuto Kwabasi
Eagerly waiting to see whether this will materialize bwana. The usual song of politicians.
The Malawi Population Growth Isn’t Waiting For A Stable Economy- Which In Reality Is Still Going Downhill/capita!!! Why Does This President Think A Stable Economy Is Good For Malawi??? The VP Was Right- Malawians Need To Asssert Themselves!!! APM, MALAWI NEEDS A GROWING ECONOMY THAT CAN OUTPACE POPULATION GROWTH!!!
Uyu watijayila kulibwino asowe
facebook is free, likewise kulota its free of charge and sitilesana!kkkkk