A review looking at the possibility of Malawi ending the poverty cycle through successful implementation of Sustainable Development Goals (SDGs) has shown that chances of this happening are very slim.<\/p>\n
The study has been conducted by the Africa Institute for Corporate Citizenship (AICC) and highlights occurrences of natural disasters, corruption\u2014in both the public and private sectors dormant State actors and misleading religious teachings as some of the causes of the prevailing and increasing poverty levels.<\/p>\n
The review also points out that there has been a direct correlation between the performance of the economy and poverty levels where, when the economy is bouncing back, poverty levels follow suit.<\/p>\n
AICC Chief Executive Officer, Felix Lombe, said Malawi needs collaborative efforts in order to register success in the implementation of SDGs.<\/p>\n
\u201cGoing by this trend, we can say that we may not be able to meet the target of eradicating poverty in all its forms. One can always hope that a number of measures will be put in place so that we fast-track the process.<\/p>\n
\u201cThe very reason why we are not on track is that we seem not to be well prepared. We do not have the institutional parameters but, at the same time, if you need to reduce poverty you need to register a Gross Domestic Product growth rate of at least six percent, which is quite a task for Malawi,\u201d Lombe said.<\/p>\n
He added that this would be difficult as the economy is not creating a favourable environment for the industry, a sector that is key to job creation at a time the country\u2019s population is steadily growing.<\/p>\n
A recent report released by Oxfam finds that the richest one percent in the world controlled 82 percent of wealth while the poorest half got nothing.<\/p>\n","protected":false},"excerpt":{"rendered":"
A review looking at the possibility of Malawi ending the poverty cycle through successful implementation of Sustainable Development Goals (SDGs) has shown that chances of this happening are very slim. The study has been conducted by the Africa Institute for Corporate Citizenship (AICC) and highlights occurrences of natural disasters, corruption\u2014in both the public and private […]<\/p>\n","protected":false},"author":3,"featured_media":63815,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-63805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/63805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=63805"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/63805\/revisions"}],"predecessor-version":[{"id":63811,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/63805\/revisions\/63811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/63815"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=63805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=63805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=63805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}