LILONGWE (The Southern African Times) – Malawi’s economy is likely to expand by 4.5% next year, Finance Minister Felix Lafiel Mlusu said in a budget speech on Friday.
Before the coronavirus pandemic struck this year, gross domestic product (GDP) in the small southern African nation was seen expanding around 5.1% in 2020. That forecast has since been revised to a 1.9% contraction.
