Mera cautious on global oil price decline impact – The Nation Online: Malawi Energy Regulatory Authority (Mera) says although a decline in global oil prices is good news, its trickle-down effect largely dwells on whether the economy can hold some of its macroeconomic fundamentals.
Mera chief executive officer Collins Magalasi said in an interview on Tuesday that global decline in oil prices could potentially ease consumers’ burden, but other factors, including exchange and inflation rate and freight prices could as well affect potential gains the economy could accrue from the price decline.
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