Does Malawi really need a debt management law?

Commonwealth debt reform backed

Action urged on global debt and sustainable development The Scottish Government, Malawi and Zambia are calling on Commonwealth countries to work together to tackle the global debt crisis and give Global South countries a stronger voice in international financial decision-making. A joint statement calls for urgent reforms to the international debt system, including:  fast and fair debt restructuring that helps countries resolve debt problems bef…

Does Malawi really need a debt management law?

This article was originally published on Malawi24">Malawi24, Malawi's #1 independent news platform. Malawi does not need another piece of paper; it needs political courage, an immediate end to systemic looting, and radical economic structural reform. The Budget and Finance Committee of Parliament is peddling a dangerous illusion by claiming that a new Debt Management Bill will miraculously curb our crushing K24 trillion public debt. To suggest t…