Malawi marks 60 years of independence, facing high poverty, economic stagnation, and donor reliance.
Malawi marks 60 years of independence, but the country faces high poverty levels, economic stagnation, and reliance on donor aid. Though Malawi has transformed in some ways since gaining independence, it remains one of the poorest nations globally, with 72% of the population living below the international poverty line of $2.15 a day. As the country commemorates its 60th anniversary, experts suggest a comprehensive strategy focusing on infrastructure investment, human capital improvement, and fostering a business-friendly environment to overcome challenges and move forward.
July 06, 2024
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