‘Malawi’s overreliance on maize as food and economic staple means poor harvests immediately trigger inflation volatility’—RBM Governor
* As inflation remains one of Malawi’s most stubborn economic challenges —the highest in southern African region though it recently declined from 30% to just below 29% * The country’s GDP growth remains modest, projected at 3.2% in 2024, largely driven by a rain-fed, low-mechanisation agriculture sector * While the suspension of the ECF has created uncertainty, it also presents an opportunity for Malawi to redefine its economic trajectory * Malawi must craft and implement homegrown, inclusive, and sustainable…
