Saturday, April 13, 2024

Tag Archives: Simplex Chithyola

FeatureNational

Finance Minister Unveils President Chakwera’s Plan to Safeguard Vulnerable Malawians Amid 44% Currency Devaluation

In response to the Reserve Bank of Malawi's recent 44% devaluation of the local currency aimed at addressing supply-demand imbalances in the forex market, the Minister of Finance Simplex Chithyola Banda asserted on Monday that the government would not remain passive. Instead, they pledged to take proactive measures to shield vulnerable populations from the adverse effects of this currency devaluation....