World Bank backs Malawi's PFM reforms with $80 million 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.
Kwacha holds firm against dollar amidst rumours of devaluation nyasatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nyasatimes.com Daily Mail and Mail on Sunday newspapers.
Malawi has received a $23 million (about K40.2 billion) boost in direct budget support from the African Development Bank (AfDB), which economic analysts say could ease pressure on the fiscus. The support has come about six months into the implementation of the four-year $175 million (about K306 billion) Extended Credit Facility (ECF) with the International
Economists have said the easing pressure on inflation rate may not translate into relief in prices of goods and services in the short-term, but this could be temporary. Ideally, easing inflation could entail that consumers have less incentive to spend money in the short-term, resulting in less economic activity. While headline inflation rate has eased