Public debt at K1.8 trillion | The Times Group: "Malawi’s public debt was recorded at K1.8 trillion at the end of the fourth quarter of 2016, down from K2 trillion in the third quarter, the Reserve Bank of Malawi has said.
The public debt is about 139 percent of the K1.29 billion 2017/2018 national budget presented by Finance Minister Goodall Gondwe early this month.
According to a report from RBM for the fourth quarter of 2016 released on Monday, of the total debt, K1.1 trillion was external debt stock at 28.9 percent of Gross Domestic Product (GDP), a drop from 33.2 percent of GDP realised at the end of the third quarter 2016."
'via Blog this'
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