Q3 of 2023/24 closes with K25 1bn surplus | The Nation Online mwnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mwnation.com Daily Mail and Mail on Sunday newspapers.
Businesses in the country are still struggling to source foreign exchange from banks, three months after the Reserve Bank of Malawi (RBM) devalued the kwacha by 44 percent. The devaluation, which was a condition for the Malawi Government to clinch the four-year $175 million (about K297.5 billion) International Monetary Fund (IMF) Extended Credit Facility (ECF)
Malawi could see its external debt declining by about $592 million (K1 trillion) if the country’s proposed debt restructuring strategy is successfully implemented. If the proposed strategy works out, it could result in the decline of the debt-to-gross domestic product (GDP) ratio, which now hovers at over 80 percent to below 30 percent in the
Fiscal performance came under spotlight - The Nation Online mwnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mwnation.com Daily Mail and Mail on Sunday newspapers.
Redirect wage resources—bank - The Nation Online mwnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mwnation.com Daily Mail and Mail on Sunday newspapers.