Economic analyst Thomas Ngoma advises President Mutharika’s administration to consider adopting Currency Board Arrangement as monetary policy
[Maravi Express - Malawi] - 5/10/2025
* The system can reduce inflation to 2%, lower interest rates, and provide ample foreign exchange to purchase essential items like fuel, food, medicine, machinery, and spare parts, supporting industrialisation efforts * Unlike the IMF’s ECF conditionality-based approach, a currency board can (…)
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