LILONGWE, Jan. 14 (Xinhua) -- Malawi's economic experts said that the country's new administration, led by President Peter Mutharika, has recorded some early signs of economic stabilization within its first 100 days in office.
The remarks followed a decline in inflation, which dropped to 27.9 percent in November 2025, alongside signs of stabilization of the Malawi kwacha against major foreign currencies, including the U.S. dollar.
In an interview with Xinhua on Wednesday, economic expert Abel Mwenibanda described the early economic recovery efforts as commendable and encouraging.
He noted that the reduction in inflation has led to falling prices of basic commodities, citing maize prices, which have declined from about 58 U.S. dollars to 32 U.S. dollars per 50-kg bag, a development described as a significant milestone.
Meanwhile, Mwenibanda urged the Malawian government to sustain the gains made so far and to implement additional measures to ensure a full economic recovery.
He called for deliberate efforts into supporting farmers by subsidizing agricultural inputs such as fertilizer and seed, noting that as an agro-based economy, Malawi's long-term economic stability depends heavily on the performance of the agriculture sector.
Mwenibanda also urged the government to strengthen partnerships with the private sector and implement policies that attract foreign investment, which would help sustain the availability of foreign currency in the country.
Bertha Bangara Chikadza, an expert of the Economics Association of Malawi, said the relative stabilization of the Malawi kwacha against major international currencies represents a positive development achieved within the new administration's first 100 days.
Chikadza noted that currency stability is critical in controlling inflation, attracting investment, and reducing import costs, all of which have a direct impact on household livelihoods.
She recommended that the administration maintain fiscal discipline to safeguard the economy, emphasizing the need for policy continuity, financial prudence, and the reduction of unnecessary expenditures.
Mutharika marked his 100th day in office as Malawi's president on Jan. 12, 2026, after being sworn in on Oct. 4, 2025. ■
