Malawi's National Debt Causes Alarm
The government has been accused of "mortgaging the future of Malawians" by recklessly borrowing close to U.S $2 billion from foreign institutions.
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Malawi:
National Debt Shoots Up to Crisis Levels
Nyasa Times, 30 November 2016
Malawi's debt situation is worrying after Ministry of Finance spokesperson Nations Msowoya confirmed that the country is owing foreign institutions $1.9 billion (about K1.31… Read more »
Lilongwe
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Malawi:
Goodall Insists Malawi Economy in a Mess - Report
Nyasa Times, 27 September 2016
Finance, Economic Planning and Development Minister, Goodall Gondwe who admitted in parliament that the country is still passing through "turbulent times" has maintained that… Read more »
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Malawi:
Nation Gripped By Unsustainable Debt
Nyasa Times, 2 August 2016
There is still much cause for concern regarding Malawi economic prospects with reports that the Peter Mutharika led-government plans to borrow from bilateral and multilateral… Read more »