Fuel Subsidies Bleed Malawi Dry as MERA Debt Hits K1 Trillion — Mwanamvekha
Minister of Finance, Economic Planning and Decentralisation, Joseph Mwanamvekha, has revealed that Malawi’s long-standing fuel subsidy regime has pushed the country into a deep financial hole, with the Malawi Energy Regulatory Authority (MERA) now owing fuel suppliers over K1 trillion. Speaking on the latest fuel price adjustment, Mwanamvekha said Malawi imported about 504 million litres […]
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