By Smile Hamilton Malawi
Former President Peter Mutharika has appealed for urgent assistance from the International Monetary Fund (IMF) to help Malawi address what he termed an “extremely difficult” economic crisis, characterized by shortages of food, fertilizer, fuel and foreign exchange.
Speaking during a meeting with an IMF delegation led by Director of the African Department, Abebe Aemro Selassie, at Mtunthama Lodge in Lilongwe, Mutharika said the situation requires “immediate resources” to secure essential imports as the country battles a delayed farming season and persistent fuel queues.
“We are in a crisis that needs quick intervention. Malawi needs support now to stabilize the economy and ensure that people have access to basic necessities,” said Mutharika.
Addressing the press after the meeting, Selassie said his visit demonstrates the IMF’s commitment to helping Malawi navigate its economic challenges. “We are here because the IMF is committed to supporting Malawi during this difficult period,” he said.
Finance Minister Joseph Mwanamvekha added that government is eager to restore Malawi’s engagement with the IMF. He said, “What we want is to have the IMF programme back so that we can move forward with confidence and rebuild our economy.”
The discussions are expected to continue as Malawi pushes for a bailout that would unlock critical support and help ease the current economic pressure.
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