Chakwera told to devalue Kwacha

As Malawians continue to face economic hardships worsened by the recent 25 percent devaluation of the Malawi Kwacha, the World Bank has told the Lazarus Chakwera administration to further re-align the Kwacha. Speaking to the local media, the bank’s acting manager in the country Efrem Chilima proposed that Malawi should adopt a more flexible exchange […]

The post Chakwera told to devalue Kwacha appeared first on Malawi 24.

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