Minister of Finance, Sosten Gwengwe has described as nonsense the US6.8 billion grant which President Lazarus Chakwera signed with Bridgin Foundation to finance projects that are believed to have the capacity to help Malawi achieve Vision 2063.
He was speaking in Lilongwe on Wednesday during the ongoing pre-budget consultations with different stakeholders.
The much taunted grant, according to government, covered various projects including the development of power generation facilities with total capacity of one gigawatt and related infrastructure.
Is also covered the construction of Inkosi ya Makosi M’mbelwa University with Hi-Tech Livestock Industrial Center and construction and equipping of a Hi-Tech bioscience and fertilizer manufacturing industrial part at Luanar.
However, Gwengwe told stakeholders that the grant is neither here nor there.
“Kulibe anasayinira kuti kwabwela ndalama USSD6.8 billion eeeh chani nchani chani chani, that’s just nonsense.
“The real issues are the ones we are talking about, osati kudzangosewela kuti Bridgin Foundation chani chani, that nonsense, put it aside,” he said
Speaking at the signing ceremony of the grant, Chakwera said that this is a giant step in achieving some of the things whiich his government promised.
He said, “When I promised these things some people mocked that these were empty promises but Bridgin Foundation heard that vision and today we are signing an agreement with resources that will make that a reality.”