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A US-based data and research provider Fitch Solutions says Malawi’s economy will decelerate to 0.7 percent this year following the negative impacts of Tropical Cyclone Freddy. The firm had earlier projected the economy to register a 3.7 percent growth during the year, from an estimated one percent registered in 2022 and below the sub-Saharan Africa
National Planning Commission (NPC) says the Malawi 2063 First 10-Year Implementation Plan (MIP-1) targets are still attainable despite the negative impact of Tropical Cyclone Freddy on the domestic economy. In his analysis of the MIP-1 implementation amid Cyclone Freddy devastation, NPC director general Thomas Chataghalala Munthali said the formulation of Malawi 2063 (MW2063) and MIP-1
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President Lazarus Chakwera held a meeting with World Bank Group's Country Director for Malawi, Tanzania, Zambia and Zimbabwe, Mr. Nathan Belete. The meeting
No country or region in the world has achieved prosperity and a decent socio-economic life for its citizens without the development of a robust industrial sector.