Economic outcomes will “vindicate” central bank – Malawi governor

Chuka asks private sector to “trust” the central bank in its policy decisions

reserve-bank-malawi
The Reserve Bank of Malawi

Malawi's economic performance will "vindicate" its central bank's actions when inflation drops to a projected average of 16% in 2017, the governor of the Reserve Bank of Malawi has said.

Speaking at a dinner organised by the Malawi Confederation of Chambers of Commerce and Industry, Charles Chuka drew on comments made by his Reserve Bank of India counterpart, Raghuram Rajan, emphasising the need for policy to "stay its course".

"Staying the course and adopting tried-and-tested orthodoxy... it

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