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Tangible action on ‘4 Fs’ can revive economy
['Aubrey Mchulu', 'Harry Lemani', 'Silvester Saka', 'Willard Chikwanje']
Nation Online
Mutharika’s successor-turned-predecessor president Lazarus Chakwera begged for patience, saying his administration was healing wounds created by past administrations.
Inflation rate stood at 28.7 percent in September 2025 while policy rate was at 26 percent.
Five years ago, headline inflation rate was at 8.5 percent and the policy rate or the benchmark interest rate was 13.5 percent.
It is heart-breaking to note that in recent years Malawi has become a “black market” economy where everything is dictated by the parallel market ‘Monetary Policy Committee’ to the detriment of the economy.
The Malawi economy, as a ‘patient’, has failed to respond to the prescriptions mainly due to lack of fiscal discipline and weak oversight that have retarded the attainment of stability and growth.