Kisu Simwaka
Kisu Simwaka is the Deputy Governor of the Reserve Bank of Malawi, known for his efforts in addressing economic issues, particularly inflation. Recently, he utilized social media to clarify misconceptions about inflation rates, explaining that a decline in inflation means prices are still rising, albeit at a slower pace. He highlighted the challenges Malawi has faced due to natural disasters affecting agricultural output, which have significantly impacted food prices. Simwaka aims to bring inflation into single digits to enhance the economic stability of the country.
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Malawi:
RBM Deputy Governor Dr. Kisu Simwaka called the gathering 'a call to action' and a 'reaffirmation of a shared commitment to inclusive economic growth.'
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Malawi:
Kisu Simwaka, Deputy Governor of the Reserve Bank of Malawi, explains that declining inflation does not mean prices are falling.
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