Thursday, September 28, 2023
  • About Us
  • ImagiNATION
  • Rate Card
  • Contact Us
The Nation Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Enation
No Result
View All Result
No Result
View All Result
Home Business Business News

Firm tips government on Mid-Year Budget Review

by Grace Phiri
09/02/2018
in Business News, Front Page
1 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

 

Investment portfolio firm, Alliance Capital Limited, has singled out agriculture, energy, unemployment and government debt as key issues which needs to be discussed with ‘clear-headedness’ during the mid-term budget review.

In its published weekly market review on Wednesday, the firm said while these are not the only problems confronting the Malawi economy, improving in these areas, the Malawian economic landscape will register, noticeable improvement.

Minister of Finance Goodal Gondwe

“Not only will there be growth in figures, it will be growth people can notice and benefit from. It will be growth which comes with jobs, economic resilience, no starvation and improved standards of living,” said the firm in the market review.

Contributing a substantial 30 percent to gross domestic product (GDP), the firm said agriculture is likely not to perform as expected this year due to the dry spells and army worms, a situation that calls for short and long-term intervention.

The firm also said rising debt is also a matter of concern. Malawi’s debt stock is currently paged at K2.4 trillion, of which K1.2 trillion was external debt and K1.2 trillion was domestic debt as at December last year.

Previous Post

Cholera vaccines will arrive soon, Atupele tells Parliament

Next Post

RBM should name, shame non-remitters of pension funds

Related Posts

Business News

Centenary Bank gives Fimda K2m for lakeshore conference

September 28, 2023
Entertainment News

Nyago takes Vimbuza sounds to Tanzania

September 28, 2023
Front Page

Top spot see-saw

September 28, 2023
Next Post

RBM should name, shame non-remitters of pension funds

Opinions and Columns

Columns

‘Cancel the debts…cancel the debts’

September 27, 2023
My Turn

Making tourism sector tick

September 27, 2023
My Turn

Resolve DStv spat amicably

September 25, 2023
People’s Tribunal

Time for politicians to memorise the myth of Sisyphus

September 24, 2023

Trending Stories

  • Flames coach hiring underway

    0 shares
    Share 0 Tweet 0
  • Inside ‘hidden’ Reforms report

    0 shares
    Share 0 Tweet 0
  • Katengeza buried amid calls for justice

    0 shares
    Share 0 Tweet 0
  • Number of damaged seats at Bingu Stadium rises to 239

    0 shares
    Share 0 Tweet 0
  • End of an era

    0 shares
    Share 0 Tweet 0
  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2023 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.