Malawi President Joyce Banda has said she will sustain the Public Works Programmes (PWP) to assist Malawians who are facing economic challenges.
Banda said this at a fund-raising event for hunger-affected households organised by the Presidential Initiative on Poverty and Hunger Reduction at the New State House in Lilongwe.
The President said she found the countryâ€™s economy on the verge of collapse when she assumed office.
â€œYou will be aware that I took office at a very critical time. Our economy was underperforming, looking at the responsibility that I have to serve the interest of Malawians, with the help of the International Monetary Fund [IMF], I decided to devalue the kwacha.
â€œI was aware of the negative impact this would bring to the life of the poor people, but that was the only option,â€ she said.
PWP aims at bailing out the population most affected by the devaluation of the kwacha.
â€œI introduced this programme so that we assist the poor. I am hopeful that the little money the poor receive after working in different projects under the programme will enable them to buy food, fertiliser and other basic needs,â€ she said.
The World Bank has pumped K10.7 billion into the programme and about 600 000 urban and rural Malawians are benefiting from the facility.â€”Mana