16/11/2023
Blessings and Olivia News Desk
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There are a number of potential solutions to address the devaluation of the kwacha. One option is to increase the country's exports, which would help to bring in more foreign currency and stabilize the exchange rate. Another option is to reduce government spending and increase taxes, which would help to reduce the deficit and stabilize the economy. The central bank could also consider increasing interest rates, which would make Malawian assets more attractive to foreign investors and help to bring in more foreign currency.
What do you think would be the most effective solution?
suggestion from Blessings Bakali