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A statement from the president’s office confirmed several critical posts. Economist and former banker Joseph Mwanamvekha has been reappointed as Finance Minister, a role he held from 2016 to 2020.In a move signaling continuity in foreign policy, George Chaponda returns as Minister of Foreign Affairs.
Malawi’s newly elected President Arthur Peter Mutharika has begun assembling his administration, naming a partial cabinet. It included experienced figures to tackle the nation’s severe economic challenges.
A statement from the president’s office confirmed several critical posts. Economist and former banker Joseph Mwanamvekha has been reappointed as Finance Minister, a role he held from 2016 to 2020.In a move signaling continuity in foreign policy, George Chaponda returns as Minister of Foreign Affairs.
Mutharika also solidified his electoral alliance by appointing Enock Chihana of the Alliance for Democracy as the Second Vice President.Further reinforcing his security team, Lt. Gen. George Jafu was named head of the Malawi Defense Force and Richard Luhanga as the new police chief.
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The appointments come with immediate pressure to address Malawi’s deepening economic crisis. The new Finance Minister, Mwanamvekha, inherits a daunting list of problems, including critical foreign exchange shortages, rampant fuel scarcity, and a currency in freefall.
These issues have led to soaring living costs and a constrained business environment, presenting the most urgent test for Mutharika’s administration as it works to stabilize the economy.
