The low inflation is reminiscent of late Bingu wa Mutharika’s first term during which the economy undoubtedly improved. GDP growth rates went up and there was an improvement in smallholder agriculture … supported by the continuation of the input subsidy program and intensification of irrigation agricultural programs. Inflation remained in single–digit figures in spite of higher international food and energy prices. Interest rates were the lowest in a decade due to reductions in inflation. Income from exports increased. Reforms to improve budgeting, revenue collection and debt management were put in place. The slogan “let my hands speak for themselves” was… Read more »