Malawi's energy regulator has announced a sharp increase in fuel prices for the second time in four months, citing the need to avert fuel shortages and conserve scarce foreign exchange. Petrol prices have risen by nearly fourty-two percent, while diesel has gone up by about 41%, according to the Malawi Energy Regulatory Authority (MERA).

The move comes as President Peter Mutharika's administration seeks to stabilise the economy, negotiate a new support programme with the International Monetary Fund (IMF), restructure public debt, and rebuild dwindling foreign reserves.

Thami Ngubeni spoke to the President of the Economics Association of Malawi (ECAMA) Dr. Bertha Bangara Chikadza.

Malawi's energy regulator has announced a sharp increase in fuel prices for the second time in four months, citing the need to avert fuel shortages and conserve scarce foreign exchange. Petrol prices have risen by nearly fourty-two percent, while diesel has gone up by about 41%, according to the Malawi Energy Regulatory Authority (MERA).
The move comes as President Peter Mutharika's administration seeks to stabilise the economy, negotiate a new support programme with the International Monetary Fund (IMF), restructure public debt, and rebuild dwindling foreign reserves.
Thami Ngubeni spoke to the President of the Economics Association of Malawi (ECAMA) Dr. Bertha Bangara Chikadza.

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