By Arnod Mnelemba, (Former Malawi President Joyce Banda’s Press officer)

Barely days after fake news that the Former Finance Minister Goodall Gondwe was approached to help fix the country’s economy went viral on social media, the learned Minister was on the spotlight asserting to the fact that the former Malawi President Joyce Banda (JB) regime messed the economy especially because of cash-gate.

Surprisingly, the Former Finance Minister forgot to tell the nation that JB came in to complete Bingu’s term.

In fact, being a mother who cared about the well being of ordinary citizen at grass root, she engaged donors and partners who instituted a Forensic Audit when news about theft of public money was reported.

As we speak, there is a forensic audit by Baker Tilly, a reputable audit firm that vindicated the Former Malawi leader and implicated all the culprits out of which 72 were arrested and some are still serving their jail terms. From 32billion, 72 were arrested.

The Baker Tilly report is a public document and can be accessed by any well meaning citizens.

Meanwhile, there is another audit that shows that MK230billion had been stolen before JB came in and there are 16 files ready for prosecution.

When JB left office the country had foreign currency reserved, enough for four months. At which point was the economy at its lowest? Is it when she took over from Bingu or when she left office? The Former Finance Minister should answer this question honestly and reflect on his assertions.

During Dr. Banda’s time 32 billion was stolen and 72 people went to court. Today, we are told K1.3 Trillion was stolen and we are getting bits and pieces.

Unfortunately, for the opposition Democratic Progressive Party (DPP’s) mess, we will wait for action, as to when? We are not sure.

The Former Finance Minister, should learn to speak the truth. We are all aware that this country is in this mess because they cooked up figures and lied to IMF about our economic situation.

We are all well aware that when Dr. Banda took over reigns of power, there was no fuel in the country, people were on ques to access basic commodities like sugar, the economy was in a mess, there was electricity, relationships with donors and development partners had collapsed.

JB fixed all these in within 100 days, I am sure Dr. Gondwe was within Malawi this time around.

Let me talk about the economic situation when JB took over power and the time she left office.

The 2013/14 Budget reflected on the macroeconomic outlook; priorities of the Malawi Growth and Development Strategy II; the Economic Recovery Plan; and the policy interventions JB’s government pursued to address macroeconomic challenges the country was experiencing during the DPP regime.

Under the macroeconomic outlook, the preparation of the Budget for that year considered prospects in the global, sub regional and domestic economy.

To that effect, at the global level, growth was projected to increase to 3.3 percent in 2013 from 3.2 percent in 2012 as the factors underlying Global economic activities were expected to subside although the upturn was projected to be more gradual.

For Emerging and Developing Economies, real GDP was projected to increase from 5 percent in 2012 to 5.25 percent in 2013 and 5.75 percent in 2014 as economic activities in most countries were expected to pick up.

In the Sub Saharan Africa region, growth was projected at 5.6 percent in 2013 and 6.1 percent in 2014 despite a slowdown in 2012.

The outlook for the Malawi economy was that real GDP growth would increase to 5 percent in 2013 from 1.8 percent in 2012 as the economy recovered from the adverse conditions under the DPP regime when Goodall was Minister and was expected to increase to 6.1 percent in 2014.

True, as projected, when JB left office in 2014 the economy had grown by 6.3 percent.

Malawians are better Judges to this effect. I rest my case.

Disclaimer: The views expressed in the article are those of the author not necessarily of The Maravi Post or Editor.

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