ReliefWeb published an assessment report on the minimum expenditure basket in urban areas, rural North and Rural Centre of Malawi. As the pandemic is still gathering pace in the country, so too is the continued contracting of the economy. Initial estimates from IFPRI point to a decrease in domestic revenues in 2020 by 3.5 to 4.5 percent due to COVID-19. Shrinking revenues are likely to lead into increased government borrowing to maintain some level of support to key sectors including health, education, and agriculture, consequently increasing the public debt. Republished in Nigeria News Shafaqna
Minimum expenditure basket in Malawi – Round 4: 1-9 June 2020: A look at food prices and availability in times of COVID-19 (ReliefWeb)
June 29, 2020