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Malawi’s economists press for fiscal discipline and forex reform as debt nears 91% of GDP

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The Economics Association of Malawi says tight budgets and a more flexible exchange rate are needed, but warns that the medicine carries costs for business Malawi’s economists are urging the government to rein in spending and overhaul its management of foreign exchange, as a severe dollar shortage collides with public debt of about K24tn, equivalent […] The post Malawi’s economists press for fiscal discipline and forex reform as debt nears 91% of GDP appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times .

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