Month: February 2024 Posts

World Bank impressed with Malawi economic recovery path

Feb 02, 2024 Malawi News Agency (MANA) 0 &

The World Bank has said Malawi has achieved incredible economic results in the last three months, despite concerns on macroeconomic stability and expenditure side controls. Regional Director for Macro, Equity and Institutions for Africa East… ...

Chithyola Banda expects Malawi economy to grow by 3.2 percent in 2024

Jan 11, 2024 Martha Chikoti 0 &

Minister of Finance and Economic Affairs Simplex Chithyola Banda says his ministry expect a gradual economic recovery with a growth of 3.2 percent in 2024. Chithyola made the statement during  pre-budget consultation meeting on Wednesday… ...

ECAMA tells government to focus on Trade, not Aid

Jan 11, 2024 Malawi News Agency (MANA) 0 &

Economics Association of Malawi (ECAMA) says Malawi government should take a bold step towards focusing on promoting trade, and not aid, to ensure the economy is transformed and earns more forex for the country. This… ...

Malawi economy on recovery path, says Finance Minister

Jan 10, 2024 Malawi News Agency (MANA) 0 &

Minister of Finance and Economic Affairs Simplex Chithyola-Banda says government is committed to ensuring that the economy fully recovers from the shocks experienced in 2022 and 2023. Speaking on Wednesday at Bingu International Convention Centre… ...

Ministry of Finance embarks on Pre-budget consultative meetings

Jan 08, 2024 Malawi News Agency (MANA) 0 &

The Minister of Finance and Economic Affairs Simplex Chithyola-Banda says the budget remains an important tool in fostering economic prosperity and eradicating poverty especially now that the economy is experiencing various challenges. Speaking on Monday… ...

Parliament approves 4.3 trillion kwacha budget

Dec 04, 2023 Mphatso Khutcha Richard 0 &

Parliament of Malawi has today passed the 4.3 trillion Malawi kwacha mid-year budget as presented by Minister of Finance Simplex Chithyola Banda in the House last month. Members in the House had  a continuous deliberation… ...

We will carefully implement expenditure control measures, says Chithyola

Dec 02, 2023 Malawi News Agency (MANA) 0 &

Minister of Finance and Economic Affairs, Simplex Chithyola Banda says the government will carefully implement expenditure control measures to avoid compromising social service delivery and prevent creation of arrears. The minister was speaking in Parliament… ...