New administration’s plan to implement Letter of Credit facility as solution to obtain stable forex will give immediate temporary relief to the economy
[Maravi Express - Malawi] - 5/10/2025
* The Malawi economy is dead and nowhere does this death manifests itself more prominently than in forex shortage area with long fuel queues * Government-guaranteed revolving Letter of Credit (L/C) facility is used to finance strategic imports such fuel, fertilizer, medicines without draining (…)
... Article published by "Maravi Express" (Malawi), read more
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