No devaluation, vows Mwanamvekha, as Malawi eyes new IMF programme
Malawi’s government has ruled out devaluing the national currency, the Kwacha, even as a new World Bank report shows the country still grappling with serious economic headwinds despite some progress on public finances. Finance minister Joseph Mwanamvekha conceded that more needs to be done to deliver positive economic outcomes, but was unequivocal that currency devaluation […] The post No devaluation, vows Mwanamvekha, as Malawi eyes new IMF programme appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times .