Malawi’s economic crisis: Can recovery begin?

Almost nine months after Malawian President Peter Mutharika returned to power, his administration finds itself grappling with a severe and protracted economic crisis. The government faces the urgent challenge of restoring foreign exchange reserves, managing a growing external debt burden, reducing inflation and addressing chronic food insecurity. When Malawi’s sixth president, Lazarus Chakwera, assumed office in 2020 after defeating Peter Mutharika in a court-ordered presidential election…