LILONGWE-(MaraviPost)-Leader of Opposition Simplex Chithyola Banda has expressed disappointment over the government’s handling of the economy, saying Malawians are suffering under the weight of excessive taxes and rising living costs.
Speaking before Parliament adjourned sine die, Chithyola Banda highlighted the struggles faced by households, with many workers forced to walk to work due to unaffordable transport costs.
The opposition leader criticized the government’s fiscal plan, saying it has failed to prioritize employment opportunities for the youth, leaving them with little hope for a better future.
Chithyola Banda’s remarks come amid a backdrop of rising fuel prices, which have increased by 33.16% according to the Malawi Energy Regulatory Authority (MERA).
The fuel price hike is expected to exacerbate the cost of living, with transport costs and commodity prices likely to surge.
Economists warn that the situation may worsen, with inflation projected to rise further.
The government has been urged to implement measures to cushion citizens from the economic shocks, including targeted social protection interventions and support for public transport users. However, the impact of these measures remains uncertain
