LAGARDE’S VISIT TO MALAWI, A SIGNIFICANT GESTURE OF COMMITMENT

International Monetary Fund Managing Director, Christine Lagarde, would not have visited Malawi at a better time than this.

Her two day official stay in the country will cement the relations that have been mended over the past months after the previous regime strained them by being in confrontation with the country’s traditional partners, Britain and USA.

Lagarde’s visit displays the commitment that IMF has in ensuring that Malawi remains on track in economic reforms that will translate into economic growth in months and years to come.

President Joyce Banda has taken the right course in her reforms in line with IMF requirements 

According to Finance Minister, Ken Lipenga, the visit is an opportunity for Malawi to share some of the social and economic challenges the country is facing such as shortages of forex and erratic supply of fuel.

Government will also share with the Director, the details of the Economic Recovery Plan (ERP) which was put in place to address some of these challenges and bring the economy back on track.

She will be hosted by the country’s Head of State, Her Excellency President Joyce Banda.

Her visit brings together two of the world’s most powerful women as the two appear in the 2012 Forbes World’s Most Powerful Women while President Joyce Banda is 2012 Forbes Africa’s most powerful Woman among her many accolades and recognitions.

Apart from the bilateral talks, Largade will visit some of the EU – funded projects including Micro loan projects and roads.

Her visit is of great assurance to Malawians

 Biography- (From her Facebook Profile)

Born in Paris in 1956, Christine Lagarde completed high school in Le Havre and attended Holton Arms School in Bethesda (Maryland, USA). She then graduated from law school at University Paris X, and obtained a Master’s degree from the Political Science Institute in Aix en Provence.

After being admitted as a lawyer to the Paris Bar, Christine Lagarde joined the international law firm of Baker & McKenzie as an associate, specializing in Labor, Anti-trust, and Mergers & Acquisitions. A member of the Executive Committee of the Firm in 1995, Christine Lagarde became the Chairman of the Global Executive Committee of Baker & McKenzie in 1999, and subsequently Chairman of the Global Strategic Committee in 2004.

Christine Lagarde joined the French government in June 2005 as Minister for Foreign Trade. After a brief stint as Minister for Agriculture and Fisheries, in June 2007 she became the first woman to hold the post of Finance and Economy Minister of a G-7 country. From July to December 2008, she also chaired the ECOFIN Council, which brings together Economics and Finance Ministers of the European Union.

As a member of the G-20, Christine Lagarde was involved in the Group's management of the financial crisis, helping to foster international policies related to financial supervision and regulation and to strengthen global economic governance. As Chairman of the G-20 when France took over its presidency for the year 2011, she launched a wide-ranging work agenda on the reform of the international monetary system.

In 2009, Christine Lagarde was ranked the 17th most influential woman in the world by Forbes magazine, the 5th best European executive woman by The Wall Street Journal Europe, and became one of Time magazine’s top-100 world leaders. The Financial Times named her European Finance Minister of 2009.

Christine Lagarde was named Chevalier in the Légion d'honneur in July 2000.

A former member of the French national team for synchronized swimming, Christine Lagarde is the mother of two sons.

YOUTH THE CREAM AND BACKBONE OF MALAWI—PRESIDENT BANDA

Her Excellency the President Mrs. Joyce Banda on Wednesday, November 28, 2012 met in audience members of the Youth Consultative Forum (YCF) at Kamuzu Palace, to discuss how the youth could contribute to Malawi’s economic recovery.

The audience with the President accorded the YCF members an opportunity to share youths’ aspirations and to understand government agenda for youths and entire nation. The YCF also used the meeting to praise Her Excellency for appointing youth as members of boards and for appointing the National Youth Council Board which had not been in place since 2009.

Responding to the youth forum Her Excellency explained the government’s Economic Recovery Plan, noting that the five priority sectors of mining, tourism, agriculture, infrastructure and energy were chosen because of their ability to create jobs and wealth in Malawi. The President encouraged the YCF to hold the government to account for delivery of the Plan, noting that she had set up a Project Implementation Unit to monitor progress, as well as holding weekly delivery meetings with her Ministers, which began on Monday.

Speaking to the youth, President Banda said that they were “the backbone and cream of our nation”. Her Excellency added that youth empowerment “cannot be postponed” and that her government is formulating youth-friendly policies and programmes to ensure that youths actively and meaningfully contribute to the social and economic development of the country.

She urged on the youth to ensure discipline, honesty, integrity and dignity. The President also encouraged the youth to be entrepreneurial so that when they come out of school, they should not necessarily look for employment but rather start their own businesses.   

Addressing the specific points raised by the YCF the President disclosed that cabinet had agreed that a Malawi Development Bank be set up, which will be an economic window for the youth, women and farmers, among others. She also revealed that a National Planning Commission would soon be set up after consultations with relevant stakeholders, which would be responsible for overall planning of major national projects.

The President noted that projects conceptualized by politicians have proved difficult to fully implement in the light of change of governments. She pledged that the youths shall have adequate representation on the Commission to accommodate their aspirations. 

  

Her Excellency also endorsed the proposal of a Presidential Youth Advisory Council and declared the day’s dialogue as its inaugural meeting. In response to a request by the YCF, the Minister for Youth also committed that the National Youth Policy would be reviewed by Cabinet by January.

Notes to editors:

The YCF delegation was led by Minister of Youth and Sports, Enoch Chihana. The Secretary for Youth and Culture, Alexander Mseka also attended the meeting.

The meeting follows a recommendation made during the YLC, which took place on October 10, 2012 at Baptist Theological Seminary in Lilongwe where it was suggested that the members meet Her Excellency the President. Her Excellency graciously accepted the request to meet the members.

The YCF recommended to Her Excellency that:

1.    Government should expedite the process of adopting the National Youth Policy, which has been under review for over 5 years (since 2007).  They observed that the National Youth Policy would create an enabling legislative and policy environment for meaningful youth participation and empower youths to demand and track their development entitlements at all levels.

2.    Government should involve youths in decision and policy making processes and structures such as the Parastatal Boards and Commissions. They observed that meaningful youth involvement will help in mentoring young leaders and to effectively mainstream youth voices and actions in development programming and the nation would benefit directly from the skills, energies and creativity by the youth.

3.    Government should prioritise meaningful youth participation in agribusiness by providing the necessary skills and tools of production- farm inputs and capital. The support for the agribusiness will help create jobs and generate foreign exchange necessary for economic growth. Agriculture will remain the main source of economic growth in the foreseeable future.

4.    Government should expand the Public/Private Partnerships in the provision of tertiary education focussing of relevant vocational and entrepreneurship skills particularly focusing on the youth that cannot access tertiary education because of limited space in public institutions and high tuition fees in Private education institutions.

5.    Government should increase funding to youth development programmes and build the capacity of youth leaders and organisations to provide the necessary development leadership at the community and national levels.

6.    Government should completely depoliticize the youth sector and curb discrimination based on political party affiliations, ethnic, regional and religious backgrounds, for example, there is need to recover YEDEF and University Education Loans without considering political implications.

7.    Support youth-led initiatives that can promote innovation and creativity in addressing political, economic and social challenges facing Malawi.

The YCF also informed the Presidential that they intend to participate in and support the Voluntary Youth Service Week scheduled for 3-9 December 2012 during which youths from across the nation will freely provide their time, skills and even resources to participate in community and charity work.

YOUTH CONSULTATIVE FORUM

Youth Consultative Forum (YCF) is a voluntary youth movement comprising individual youths, student unions, youth organisations, networks, young women movements and other actors in youth work established in June 2012 to promote meaningful participation in development through collective voice and action focusing on youth development, empowerment and policy dialogue in Malawi.

YCF motto is “Giving Back to Mother Malawi” recognising the responsibilities youths have in nation building. We do believe that youths are partners in development not as agents of violence and political propaganda.