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Fears Grow as Reports Reveal that More Malawians Are Borrowing to Survive, Not to Invest in Production - Malawi Nyasa Times - News from Malawi about Malawi
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Fears Grow as Reports Reveal that More Malawians Are Borrowing to Survive, Not to Invest in Production - Malawi Nyasa Times - News from Malawi about Malawi
Malawi’s private sector credit is now growing mainly because households are borrowing more money, not because businesses are investing in production. This shift shows that the economy is being driven by survival spending rather than real economic growth, and economists warn it could worsen inflation and weaken Malawi’s future prospects. Data from the Reserve Bank […] The post Fears Grow as Reports Reveal that More Malawians Are Borrowing to Surv…
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