Saturday, April 13, 2024

Tag Archives: Strategy on currency devaluation

EconomicsGovernment BusinessNationalNews

Chakwera’s triple-theme intervention to cushion devaluation impact; sealing forex sinkholes, civil servants’ salaries to increase, among others

  In order to cushion the vulnerable and the nation at large from the impact of the recently-announced 44 per cent devaluation of the Kwacha, the Chakwera administration has unraveled its action plan that is also designed to leap the dividends of the currency re-alignment. Among the cushions designed for poor and vulnerable households, the Government has announced that one...