DPP Responds to Chakwera on Debts

The previous government lied on foreign debt - Chakwera The previous government lied on foreign debt - Chakwera - file photo

Former governing Democratic Progressive Party (DPP) says president Lazarus Chakwera must tell the nation how much debt the country has accumulated since he assumed the presidency.

DPP Spokesperson, Shadreck Namalomba, says the president must also explain how the debt has been used.

The opposition party said this in reaction to Chakwera’s remarks he made when he briefed media about his trip to three countries last week that DPP was lying about foreign debt, cost of living and forex during its reign.

“Ask him to tell the nation how much debts he inherited from DPP.  He must also tell the nation how much debt DPP inherited from PP [People’s Party].

“He should also tell Malawians new debts he has taken just within 16 months of his being president of this country, and what he has done with that money.

“The truth of the matter is that he made unsustainable promises to Malawians so that he gets voted as president without considering the financial implications,” said Namalomba.

President Lazarus Chakwera told the nation through media briefing that his administration will not be lying about real situation on the ground as if things are rosy.

He said the International Monetary Fund and the World Bank officials assured him during their previous visit that the DPP was not sincere on forex, cost of living and foreign debt.

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