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Heavy burden: Malawian President Peter Mutharika has assumed responsibility for a public finance system caught in a cycle of large fiscal deficits, rising interest payments and shrinking space for development spending. Photo: Supplied
MALAWI

Fiscal crisis tests Malawi’s reform agenda

The country’s debt-heavy budget leaves Peter Mutharika, beginning his second term after winning the September 2025 election, reliant on World Bank-backed reforms to restore…

  • Collins Mtika
6 min read