Malawi’s President Lazarus Chakwera has imposed a travel ban on himself and his government in order to cut public spending and help the country’s ailing economy.
The move was announced after the International Monetary Fund (IMF) approved a $175-million loan for the southern African nation.
It means the former evangelical preacher will skip a scheduled attendance at the COP28 climate summit later this month in the UAE.
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President Chakwera also mandated that all cabinet members currently abroad on publicly funded trips promptly return home, and he ordered a 50 percent reduction in fuel allowances for senior government officials.
Earlier this week, the landlocked country announced a 44 percent devaluation of its currency as it worked to secure the IMF loan.
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