💨 Abstract

Malawi's economic growth forecast for 2025 was revised down to 3.2% from 4.0%, due to rising prices and inflation, as citizens protest in major cities. The government aims to address foreign exchange shortages by boosting production in sectors like agriculture, tourism, and mining, and by cracking down on the parallel market for foreign currency. The budget deficit for the current fiscal year is estimated at 9.6%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖