National Bank of Malawi pessimistic on 2019 GDP growth impact | The Times Group: Malawi Stock Exchange-listed National Bank of Malawi (NBM) has said the 5.3 percent Gross Domestic Product (GDP) growth estimate for this year is not sufficient to reverse the country’s poverty levels.
This was said on Thursday during the bank’s 47th annual general meeting (AGM) meeting in Blantyre.
NBM Chairperson and Chief Executive Officer for conglomerate Press Corporation Limited, George Partridge, told delegates to the AGM that Malawi needed to do more in order to attain sustainable economic growth that would be able to offset the current poverty levels.
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