Quote by: Joyce Banda

But the fact that we had to devalue by 40% at once means that Malawians are feeling the shock, the impact of that huge devaluation and particularly rural people, the poor are the ones that are going to be most affected. That is why there is the austerity plan.


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Author Bio


  • NameJoyce Banda
  • Description4th President of Malawai
  • BornApril 12, 1950
  • CountryMalawi
  • ProfessionPolitician; Philanthropist; Activist; Diplomat
  • AwardsHonorary Degree