Interest payment account for a quarter of the proposed 2023-2024 budget
A huge price of the country’s public debt accumulation is being paid in the forthcoming budget, which sees a quarter...
Finance
Public sector’s credit dominance persists
The public sector’s indebtedness to the banking system increased by K100 billion in December to total K2.5 trillion. The Reserve...
Kwacha depreciates as demand and supply imbalances persist
Official figures are indicating that the Malawi kwacha depreciated against a majority of key trading currencies in late 2022 amid...
Swollen wage bill bloats ‘nominal’ budget
Finance authorities are attributing the swollen expenditure of the current budget to unavoidable spending needs in wages and salaries. The...
Inflation bites, as Policy Rate soars
The Central Bank is concerned that the continued rising inflation will have a knock on effect on ordinary citizens and...
