Govt move on revenues
The Malawi government is exploring ways around the Extended Credit Facility (ECF) programme after the Malawi Revenue Authority (MRA) revoked...
Forex rates stabilise after kwacha ‘floated’
Published data shows that the exchange rate between the kwacha and the dollar has not changed from the first week...
Govt tipped onsalary increments
Malawi Governmenr has been advised to restructure the public sector to create avenues for employers to raise salaries without triggering...
Fiscal deficit down 13%in Mid-Year Budget
Minister of Finance and Economic Affairs Simplex Chithyola-Banda’s maiden financial plan will see the fiscal deficit as a percentage of...
Malawi misses Ifmis targets
Malawi has missed its targets on implementing the Integrated Financial Management and Information System (Ifmis), a development that might undermine...
NPC urges government to float the kwacha
National Planning Commission director general Thomas Munthali has urged the Malawi government to float the kwacha against major international currencies...
Govt urged to focuson structural problems
Economic analysts have urged the government to focus on the “structural problems” that led to the devaluation of the kwacha...
Opposition queries budget trimming
Representatives of opposition parties in Parliament yesterday queried budget cuts to government ministries, departments and agencies (MDAs) and limited access...
Parliament in early adjournment
Parliament yesterday adjourned early to allow legislators and spokespersons of political parties to prepare for debate on the Mid-Year Budget...
Malawi lauds IMF support on debt restructuring
Minister of Finance and Economic Affairs Simplex Chithyola-Banda says it is encouraging that the International Monetary Fund (IMF) is supportive...
IMF urges govt to restructure debt
The International Monetar y Fund (IMF) has urged the government to prioritise debt restructuring, a shift to private-led sector growth...
Kapichira still at risk—committee
Parliamentary Committee on Natural Resources and Climate Change has cautioned that the 130 megawatt (MW) Kapichira Hydro Power Station in...
Do more on trade, fiscal prudence—USA
United States Ambassador David Young says while his government backs the “bold” economic reforms Malawi has undertaken to secure an...
Local economists back IMF conditions
Economists say International Monetary Fund (IMF) conditions attached to its loans cannot be blamed for the country’s economic woes, but...
Kwacha devaluation hits savings groups
Village savings and loans (VSLs) group members say the 44 percent devaluation of the kwacha will hit them hard because...
Opposition query recovery plan
Members of Parliament (MPs) yesterday queried Minister of Finance and Economic Affairs Simplex Chithyola Banda on government’s recovery plan in...
IMF to decide Malawi’s fate today
The International Monetary Fund (IMF) executive board will today decide whether Malawi qualifies for an Extended Credit Facility (ECF) programme...
EU backs Malawi’s efforts to get ECF
The European Union (EU) has backed Thursday’s devaluation of the kwacha, saying it will position Malawi to unlock funds from...
RBM moves to ‘float’ Kwacha
The Reserve Bank of Malawi (RBM) has announced new operational changes to the foreign exchange market, a move economic experts...
Veep urges economists to develop practical solutions
Vice-President Saulos Chilima on Thursday urged economists meeting in Mangochi under the Economic Association of Malawi (Ecama) banner to discuss...
