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Economists warn budget implementation under threat

Economic analysts have cautioned that implementing the 2023/24 National Budget could be compromised after the World Bank trimmed Malawi’s growth projection for the year 2023. In its June 2023 issue of the Global Economic Prospects report published on Tuesday, the World Bank projects that the local economy will grow by 1.4 percent, 1.6 percentage points ....

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Economy at risk of downturn—economists | The Nation Online

Economic experts have cautioned that the local economy is at risk of an economic downturn after the Reserve Bank of Malawi (RBM) reported a widening trade deficit and dwindling import cover. The remarks come after RBM said in its June 2023 issue of the Financial and Economic Review that merchandise trade balance widened to $283.5 ....

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