RBM Admits Forex Crisis as Malawi Struggles to Pay for Fuel and Drugs
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The Reserve Bank of Malawi (RBM) has made a rare and troubling admission that the country is struggling to manage foreign exchange allocations for critical sectors such as fuel and medicines due to severely depleted forex reserves. Speaking during the Monetar
RBM Admits Forex Crisis as Malawi Struggles to Pay for Fuel and Drugs
The Reserve Bank of Malawi (RBM) has made a rare and troubling admission that the country is struggling to manage foreign exchange allocations for critical sectors such as fuel and medicines due to severely depleted forex reserves. Speaking during the Monetary Policy Technical Committee Forum in Mzuzu on Monday, RBM principal economist Whytone Jombo painted […] The post RBM Admits Forex Crisis as Malawi Struggles to Pay for Fuel and Drugs appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more
