Monday, June 11, 2012

Africa - Voice of America: Malawi ‘Recovery’ Budget Too Little Too Late, Critics Say

Africa - Voice of America
africa
Malawi 'Recovery' Budget Too Little Too Late, Critics Say
Jun 11th 2012, 14:24

BLANTYRE - Economic commentators in Malawi said President Joyce Banda's first national budget, presented to Malawi's parliament Friday, gives the country's poor nothing to smile about. Malawians had expected the $1.5 billion budget to include measures to help cushion the impact of the recent 50 percent currency devaluation, which has pushed the cost of living to higher levels.     President Joyce Banda's first budget follows the zero-deficit budget, introduced by the late ...

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