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.
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.