Skip to content

Malawi Cables Online

We Report the Future — the Only Trusted Source of News with a Difference

Primary Menu
  • Home
  • Latest
  • News
  • Breaking News
  • Religion
  • Economics
  • Politics
  • Sports
  • Home
  • Blog
  • Home
  • Latest
  • APM INHERITED FUEL AND FOREX CRISES CREATED UNDER MCP: HE CANNOT FIX FIVE YEARS OF DAMAGE IN ONE YEAR
  • Latest

APM INHERITED FUEL AND FOREX CRISES CREATED UNDER MCP: HE CANNOT FIX FIVE YEARS OF DAMAGE IN ONE YEAR

Malawi Cables October 22, 2026 (Last updated: October 22, 2026)
IMG_7827

When President Peter Mutharika handed over power to the MCP administration in 2020, Malawi had a relatively stable fuel supply and stronger foreign exchange reserves.

However, the country later experienced persistent fuel shortages and a worsening foreign exchange crisis under the MCP government.

The MCP leadership failed to resolve these challenges during its five years in power. It is therefore unreasonable to expect Mutharika to fix all the problems within just one year.

In 2020, Malawi had more foreign exchange available to support imports and economic activity.

President Mutharika once jokingly remarked that Malawians were buying cars like bananas, reflecting the economic conditions and purchasing power at the time.

Under Lazarus Chakwera, however, Malawi experienced a serious deterioration in foreign exchange availability, MCP spent all that forex on frequent domestic and international trips.

Mutharika has returned to a country facing severe economic challenges, including foreign exchange shortages, fuel supply problems and critically low import cover.

The MCP should therefore understand that rebuilding an economy takes time.

Five years of economic challenges cannot reasonably be expected to disappear within twelve months.

While Malawians are right to demand solutions to the problems they face today, political accountability must also consider how the country arrived at its current situation.MCP is no saint and has no moral ground to question the situation this country is in now .

Many of the economic challenges confronting the DPP administration are rooted in the difficulties that developed during the MCP’s five years in government.

The damage cannot simply be ignored, nor can the responsibility for addressing it be separated from the history that preceded it.

Mutharika must be given a fair opportunity to rebuild the economy, while remaining accountable for the progress his administration delivers.

About the Author

Malawi Cables

Administrator

Malawi Cables is a dedicated news platform committed to delivering timely, accurate, and credible coverage of events and stories from Malawi and beyond.We aim to inform, educate, and engage our readers through in-depth reporting, insightful analysis, and impactful storytelling that sets us apart.

Visit Website View All Posts

Like this:

Like Loading…

Related

Post navigation

Previous: RED NOTICE ROCKS LAND CRUISER SCANDAL: JUDGE MDEZA’S CONTROVERSIAL RULING FACES FRESH SCRUTINY

Related Stories

Screenshot
  • Latest

RED NOTICE ROCKS LAND CRUISER SCANDAL: JUDGE MDEZA’S CONTROVERSIAL RULING FACES FRESH SCRUTINY

Malawi Cables October 22, 2026
F347690B-9206-432C-9B6C-44924E72FEEA
  • Latest

MALAWIANS EVERYDAY LIFE TURNS INTO A STRUGGLE AS FUEL , ELECTRICITY, WATER CRISIS AFFECTS ALL

Malawi Cables October 22, 2026
IMG_7816
  • Latest

JOMO OSMAN GIVES UP! “STRUGGLING MALAWIANS MUST TURN TO GOD AS FUEL CRISIS WORSENS”

Malawi Cables October 22, 2026

Recent Posts

  • APM INHERITED FUEL AND FOREX CRISES CREATED UNDER MCP: HE CANNOT FIX FIVE YEARS OF DAMAGE IN ONE YEAR
  • RED NOTICE ROCKS LAND CRUISER SCANDAL: JUDGE MDEZA’S CONTROVERSIAL RULING FACES FRESH SCRUTINY
  • MALAWIANS EVERYDAY LIFE TURNS INTO A STRUGGLE AS FUEL , ELECTRICITY, WATER CRISIS AFFECTS ALL
  • JOMO OSMAN GIVES UP! “STRUGGLING MALAWIANS MUST TURN TO GOD AS FUEL CRISIS WORSENS”
  • NTSOKOANE SAMUEL MATEKANE PRIME MINISTER OF THE KINGDOM Of LESOTHO ELECTED AS INCOMING CHAIRPERSON OF SADC ORGAN ON POLITICS, DEFENCE AND SECURITY COOPERATION.

Recent Comments

No comments to show.

Archives

  • October 2026
  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025

Categories

  • Breaking News
  • Economics
  • Home
  • Latest
  • News
  • Politics
  • Religion
  • Sports

You May Have Missed

IMG_7827
  • Latest

APM INHERITED FUEL AND FOREX CRISES CREATED UNDER MCP: HE CANNOT FIX FIVE YEARS OF DAMAGE IN ONE YEAR

Malawi Cables October 22, 2026
Screenshot
  • Latest

RED NOTICE ROCKS LAND CRUISER SCANDAL: JUDGE MDEZA’S CONTROVERSIAL RULING FACES FRESH SCRUTINY

Malawi Cables October 22, 2026
F347690B-9206-432C-9B6C-44924E72FEEA
  • Latest

MALAWIANS EVERYDAY LIFE TURNS INTO A STRUGGLE AS FUEL , ELECTRICITY, WATER CRISIS AFFECTS ALL

Malawi Cables October 22, 2026
IMG_7816
  • Latest

JOMO OSMAN GIVES UP! “STRUGGLING MALAWIANS MUST TURN TO GOD AS FUEL CRISIS WORSENS”

Malawi Cables October 22, 2026
Copyright © 2026 All rights reserved. | ReviewNews by AF themes.
%d