The President of the Republic, Dr. Razarus Chakwera have cancelled two international meetings for The Organisation of The Petroleum Exporting Countries (OPEC) fund development and Commonwealth meetings as one way of saving forex and control expenditure which will help to stabilise the economy of the Country.
This was revealed on Monday afternoon at the presser in Lilongwe.
The OPEC meeting will take place on June 21 in Australia while Commonwealth meeting will be held in Kigali-Rwanda the same month.
Addressing the press in Lilongwe, Minister of Foreign Affair, Nancy Tembo says despite the two meetings being important to Malawi, president Chakwera has chosen to delegate ministers as one way of cutting off costs.
According to Tembo, OPEC will sort out all bills for nine people who will attend the meeting from Malawi.
Meanwhile, Dr. Chakwera has delegated Ibrahim Matola, Minister of Energy and Abida Mia, Minister of Water and Sanitation to attend the OPEC meeting on his behalf while Nancy Tembo, Minister of Foreign Affairs will represent Malawu at the Commonwealth meeting.
Through this decision, the country avoid spending around K268 million which the budget presented for Chakwera on the two meetings in Australia and Rwanda According to the Minister of Finance Sosten Gwengwe.