Economics
Malawi Currency Collapse Fuels Protests as Banda Courts IMF
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Malawi’s President Joyce Banda faces her biggest test since coming to power with nationwide protests planned against a currency devaluation and inflation.
The Consumer Association of Malawi has organized a march in the commercial hub of Blantyre tomorrow to draw attention to an inflation rate that’s reached 33 percent and the kwacha’s collapse. Similar demonstrations are being planned in the capital Lilongwe and Mzuzu in the north.