The Reserve Bank of Malawi has recently revised the policy rate, a development which is following the country's improved macroeconomic conditions. ECAMA has prepared a brief that provides a conspectus of what this development means to the economy.
The paper starts out by exploring what the policy rate revision means to enterprises and individual borrowers in the country. Secondly, the paper details what benefits would be expected towards the economy at large from such a change to the policy rate. Lastly, the economic brief analyses of the impact of previous policy rate cuts.
To access the paper follow this link: https://tinyurl.com/y5kz3t8e