Reports paint gloomy outlook for economy | The Times Group: "As Malawi’s economy struggles in the face of double-digit inflation among other negative indicators, two new reports have presented another bleak outlook of the economy.
The reports predict a further depreciation of the kwacha in the coming months with food inflation also expected to increase as the food deficit becomes more pronounced.
The projections are contained in Alliance Capital’s Quarterly Economic Report for the second quarter of 2016 and Mid-Year Economic Report released by Nico Asset Managers."
'via Blog this'
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