Wednesday, October 16, 2024

Tag Archives: Malawi deficit gap shrinking

DevelopmentEconomicsNationalNewsPolitics

World Bank says Malawi’s trade deficit shrinks, as Chakwera’s economic scheme achieves export hike and imports drop

  The World Bank has shared good news regarding the economic outlook of Malawi for the year 2024. The ultimate global financial institution, as World Bank is regarded, has stated that a notable shift towards fiscal consolidation aimed at addressing unsustainable government spending and debt levels is reducing fiscal deficit to 7.4% of GDP in the financial year ending 2024....