Velli Nyirongo
Velli Nyirongo is an economist known for his insights into Malawi's economic challenges, particularly regarding the country's foreign exchange crisis. He recently highlighted the significant decline in formal remittances from the diaspora, attributing it to high transaction fees and bureaucratic obstacles that discourage legal transfers. His analysis reflects the growing concern among economic experts about the government's failure to stabilize the forex situation and build confidence among Malawians abroad.
Global Media Ratings
Countries Mentioned
| Country | Mentions | Sentiment | Dominance | + Persistence | x Population | = Reach | x GDP (millions) | = Power |
|---|---|---|---|---|---|---|---|---|
| Malawi | 1 | 5.00 | 0.44% | +0% | 19,129,952 | 83,903 | $7,700 | 34$ |
| Totals | 1 | 19,129,952 | 83,903 | $7,700 | 34$ |
Interactive World Map
Each country's color is based on "Mentions" from the table above.
Recent Mentions
Malawi:
Economist Velli Nyirongo said increasing VAT when inflation is already high will worsen the situation.
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Malawi:
Economist Velli Nyirongo added that rural households and people with fixed incomes feel the pinch most, as their money buys less every day.
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Malawi:
Velli Nyirongo warned that without structural reforms, Malawi risks sliding back into a wider trade deficit.
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Malawi:
Economist Velli Nyirongo attributes the decline in formal remittances to exorbitant transfer fees, bureaucratic hurdles, and the lack of government incentives for legal transfers.
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