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The Reserve Bank of Malawi (RBM) says the country’s trade balance is expected to retreat in the coming months on account of the start of markets in the country which are expected to boost exports. During the first quarter, Malawi’s trade deficit widened to $283.5 million (about K293 billion) from a deficit of $15.7 million
Malawi is among 18 countries in Africa that have adequately utilised the Africa Growth and Opportunity Act (Agoa) trade window over the past 23 years, a latest update shows. The update prepared by the United States International Trade Commission to assess the impact of the Agoa on African countries over the past decade ranks Malawi