ECAMA welcomes Mutharika’s SONA with hope for forex recovery

LILONGWE-(MaraviPost)–The Economic Consumers Association of Malawi (ECAMA) has commended the State of the Nation Address (SONA), describing it as concise yet focused on critical economic recovery measures.

ECAMA representative Bertha Bangala said the address clearly outlined government plans aimed at stabilizing the country’s foreign exchange (forex) situation, which remains one of the key drivers of Malawi’s economic challenges.

“The SONA was short, but it strongly addressed economic recovery plans, especially in terms of forex availability and stabilization,” Bangala said.

She noted that improved access to foreign exchange would help ease pressure on businesses and consumers, ultimately contributing to price stability and economic growth.

Bangala also welcomed the government’s continued commitment to free education, describing it as a long-term investment in human capital development.

She said expanding access to education would equip young people with the skills necessary to support economic transformation.

In addition, she highlighted infrastructure development particularly road construction and rehabilitation as another positive step toward economic recovery.

According to Bangala, improved road networks enhance trade, lower transportation costs, and stimulate local economic activity.

She emphasized that while implementation will be key, the outlined measures signal a strategic direction toward stabilizing and rebuilding the economy.

Concurring with Bangala, Japanese Ambassador to Malawi, Natoya Yasuchi, also expressed admiration for the SONA, saying he was impressed with its focus on stimulating economic growth.

The Maravi Post

ECAMA welcomes Mutharika’s SONA with hope for forex recovery

LILONGWE-(MaraviPost)–The Economic Consumers Association of Malawi (ECAMA) has commended the State of the Nation Address (SONA), describing it as concise yet focused on critical economic recovery measures.

ECAMA representative Bertha Bangala said the address clearly outlined government plans aimed at stabilizing the country’s foreign exchange (forex) situation, which remains one of the key drivers of Malawi’s economic challenges.

“The SONA was short, but it strongly addressed economic recovery plans, especially in terms of forex availability and stabilization,” Bangala said.

She noted that improved access to foreign exchange would help ease pressure on businesses and consumers, ultimately contributing to price stability and economic growth.

Bangala also welcomed the government’s continued commitment to free education, describing it as a long-term investment in human capital development.

She said expanding access to education would equip young people with the skills necessary to support economic transformation.

In addition, she highlighted infrastructure development particularly road construction and rehabilitation as another positive step toward economic recovery.

According to Bangala, improved road networks enhance trade, lower transportation costs, and stimulate local economic activity.

She emphasized that while implementation will be key, the outlined measures signal a strategic direction toward stabilizing and rebuilding the economy.

Concurring with Bangala, Japanese Ambassador to Malawi, Natoya Yasuchi, also expressed admiration for the SONA, saying he was impressed with its focus on stimulating economic growth.

The Maravi Post

ECAMA welcomes Mutharika’s SONA with hope for forex recovery

LILONGWE-(MaraviPost)–The Economic Consumers Association of Malawi (ECAMA) has commended the State of the Nation Address (SONA), describing it as concise yet focused on critical economic recovery measures.

ECAMA representative Bertha Bangala said the address clearly outlined government plans aimed at stabilizing the country’s foreign exchange (forex) situation, which remains one of the key drivers of Malawi’s economic challenges.

“The SONA was short, but it strongly addressed economic recovery plans, especially in terms of forex availability and stabilization,” Bangala said.

She noted that improved access to foreign exchange would help ease pressure on businesses and consumers, ultimately contributing to price stability and economic growth.

Bangala also welcomed the government’s continued commitment to free education, describing it as a long-term investment in human capital development.

She said expanding access to education would equip young people with the skills necessary to support economic transformation.

In addition, she highlighted infrastructure development particularly road construction and rehabilitation as another positive step toward economic recovery.

According to Bangala, improved road networks enhance trade, lower transportation costs, and stimulate local economic activity.

She emphasized that while implementation will be key, the outlined measures signal a strategic direction toward stabilizing and rebuilding the economy.

Concurring with Bangala, Japanese Ambassador to Malawi, Natoya Yasuchi, also expressed admiration for the SONA, saying he was impressed with its focus on stimulating economic growth.

The Maravi Post