European Union (EU) Ambassador Rune Skinnebach says Malawi’ economy is under pressure amid lack of resilience and limited fiscal space. Speaking on the sidelines of a media engagement with members of the Blantyre Press Club on Tuesday, he said lack of resilience in Malawi comes because of poverty, with mandatory expenditures, at 94 percent, eating
The International Monetary Fund (IMF) says it is concerned that the country’s debt situation has so far remained unaddressed. Speaking during an African Department April 2024 press briefing on Friday, IMF director of the African Department Abebe Aemro Selassie said official creditors recently provided financing assurances, but the country’s other creditors have not yet done