Economy
Summary of Performance
as of December 4, 2024Arranged in order of latest update
inprogress
inprogress18-October-2024
Integrate the Malawi economy into the global marketRead More
inprogress
inprogress18-October-2024
Ensure strict adhere and compliance with laws to promote investment in mining by both local and international companiesRead More
inprogress
inprogress13-May-2024
Review and promote a fair and effective taxation systemRead More
inprogress
inprogress30-August-2024
Develop and operationalise laboratory services to test both mineral and petroleum samples locallyRead More
inprogress
inprogress06-November-2024
Upgrade all existing port facilities at Chilumba, Nkhata Bay, Nkhota-kota, Chipoka and Monkey Bay and construct new onesRead More
broken
broken30-August-2024
Reduce the level of domestic and external debt from the current MK 3.5 Trillion to less than MK 1 Trillion within the next five yearsRead More
inprogress
inprogress06-July-2024
Establish four fully serviced economic zonesRead More
inprogress
inprogress02-February-2024
Undertake investment promotion to enhance industrialisation and attract FDIRead More
broken
broken01-November-2024
Ensure that the country has adequate production, supply, and stock of petroleum fuels at all timesRead More
inprogress
inprogress17-November-2023
Encourage value chain addition and agroprocessing to imrpove gross margins for farmersRead More
inprogress
inprogress26-July-2024
Set up a bank foused on giving credit to youth and women to enhance their participation in the country's economyRead More
inprogress
inprogress26-April-2024
Promote a wide range of incentives over and above the existing tax incentives to promote tourism in the countryRead More
inprogress
inprogress06-May-2024
Revitalise the Agricultural Development and Marketing Corporation (ADMARC)Read More
inprogress
inprogress26-April-2023
Organise regular tourism promotion eventsRead More
inprogress
inprogress25-May-2022
Repossess and redistribute land that remains idle and undeveloped beyond the specified development periodRead More
inprogress
inprogress13-November-2024
Incentivize Financial Service Providers (FSPs) to provide products based on the the needs and wants of young entrepreneursRead More
inprogress
inprogress17-March-2023
Prioritise local participation in FDIsRead More
inprogress
inprogress16-August-2024
Increase access to electricity to 60% within the next five yearsRead More
inprogress
inprogress05-August-2024
Implement and fund the Transport Master PlanRead More
inprogress
inprogress07-July-2024
Facilitate market expansions for agricultural products by creating pathways to new markets and enhaning relationships with current trade partnersRead More
inprogress
inprogress03-June-2024
Develop a comprehensive tax policyRead More
inprogress
inprogress27-May-2024
Mobilise financial resources domestically and manage through a water-tight strategy of zero tolerance of corruptionRead More
inprogress
inprogress16-February-2024
Diversify energy sourcesRead More
inprogress
inprogress16-February-2024
Create a favourable environment for the private sector to facilitate investments and growth of a robust economy to benefit MalawiansRead More
inprogress
inprogress16-February-2024
Improve infrastructure network to grant tourists access to facilitiesRead More
inprogress
inprogress16-February-2024
Implement the Artisanal and Small-scale Mining (ASM) policyRead More
inprogress
inprogress16-February-2024
Develop the mining's local content policy to ensure Malawians benefit from mining investmentsRead More
inprogress
inprogress16-February-2024
Raise the irrigable hectarage to over 50% within the next five yearsRead More
inprogress
inprogress25-January-2024
Ensure more coordinated planning and development of urban areas to ensure all developments meet set minimum standardsRead More
broken
broken18-January-2024
Implement policies to keep inflation levels down to single digit valuesRead More
inprogress
inprogress14-November-2023
Promote the development of Small and Medium Enterprises (SMEs) and CooperativesRead More
inprogress
inprogress19-June-2023
Strengthen agro-value chains to improve access to finance and markets for farmersRead More
inprogress
inprogress10-February-2023
Improve the design of urban or residential road networkRead More
inprogress
inprogress17-December-2021
Ensure a predictable operating environment for doing business to support private sector and attract FDIRead More
not commenced
not commenced
Offer domestic operation licenses to other operators to increase the volume of traffic and open up strategic tourist destinations.Read More
inprogress
inprogress08-August-2020
Remove all tariff and non-tariff barriers on internet facilitiesRead More
inprogress
inprogress28-June-2021
Extend fibre optic cable network to all urban and rural centresRead More
implemented
implemented21-July-2022
Create an enabling environment for the growth of ICT and telecommunicationRead More
inprogress
inprogress06-May-2021
Establish a new National AirlinerRead More
implemented
implemented12-July-2022
Upgrade M1 road from Nsanje to ChitipaRead More
implemented
implemented04-April-2022
Develop a tourism marketing planRead More
inprogress
inprogress20-November-2020
Promote transparency and accountability in the issuance of mining licenses and management of proceedsRead More
inprogress
inprogress20-August-2021
Implement the new mining policyRead More
implemented
implemented16-February-2022
Review and improve the National Export StrategyRead More
inprogress
inprogress12-March-2022
Promote energy programming, budgeting and monitoringRead More
inprogress
inprogress27-April-2022
Expand electricity generation capacity to 2000 megawatts within the first two years and to 5000 megawatts within the next 5 to 10 years.Read More
inprogress
inprogress07-June-2022
Construct a mega dam with the capacity to generate 2000 megawattsRead More
implemented
implemented17-October-2021
Introduce universal Farm Input Subsidy ProgrammeRead More
implemented
implemented20-November-2020
Change the fiscal year to run from 1st April to 31st MarchRead More
inprogress
inprogress23-December-2022
Ensure that the rate of economic growth is higher than population growth rate with an annual growth rate of 6% for the next 10 yearsRead More
inprogress
inprogress07-September-2022
Enact interest cap legislation to limit interest rates charged by commercial banks at no more than 5% above the Reserve Bank of Malawi (RBM) Base Lending RatesRead More
not commenced
not commenced
Support women farmers' collectives and savings groupsRead More
inprogress
inprogress05-November-2024
Revamp and upgrade all airports, particularly Nyika, Chitipa, Salima, Mangochi, Mulanje and Chikwawa.Read More
broken
broken14-May-2022
Create a favourable environment for Civil Society Organisations (CSOs) to participate in the economy and contribute to national developmentRead More
inprogress
inprogress12-May-2022
Establish new Lake Malawi tourist cities in Karonga, Salima and MangochiRead More
inprogress
inprogress22-December-2022
Connect all government offices and public facilities to broadband internetRead More
inprogress
inprogress25-October-2022
Allow new entrants to ICT sectorRead More
inprogress
inprogress08-April-2022
Review policies and constraints affecting the airline industry and increase the fleet of aircrafts for domestic operatorsRead More
not commenced
not commenced
Introduce more modern water transport vessels for both cargo and passenger services on Lake Malawi.Read More
not commenced
not commenced
Revamp support institutions for water transport safetyRead More
not commenced
not commenced
Review the water transport concession agreementsRead More
inprogress
inprogress20-September-2021
Depoliticise road development programmesRead More
not commenced
not commenced
Reintroduce the district Roads Improvement and Maintenance Programme (DRIMP)Read More
inprogress
inprogress14-September-2023
Exploit social media as an instrument for promoting Malawi as an attractive tourist destination.Read More
not commenced
not commenced
Forecast human resource needs and ensure our people attain knowledge fit for exploitation of non-renewable resourcedRead More
implemented
implemented25-May-2023
Develop a Comprehensive Mining Strategy (CMS)Read More
implemented
implemented30-May-2023
Finalise geo-mineral resource mapping and develop a comprehensive exploitation planRead More
inprogress
inprogress22-February-2023
Identify potential mineral buyers and re-establish Gemstone Marketing CentersRead More
not commenced
not commenced
Domesticate the AMV by establishing a workable and investment-based Country Mining Vision (CMV)Read More
not commenced
not commenced
Establish village factoriesRead More
inprogress
inprogress19-March-2024
Create designated spaces in metropoles as markets for Malawian merchandize and promote a Buy Malawi strategyRead More
not commenced
not commenced
Introduce a differentiated tax incentive schemeRead More
not commenced
not commenced
Promote rural industrializationRead More
not commenced
not commenced
Establish an Economic Empowerment Fund (EEF) with affordable interest rates for SMEsRead More
inprogress
inprogress17-August-2021
Enhance participation of indigenous Malawians in major government procurement and investment initiativesRead More
not commenced
not commenced
Improve the adequacy, quality and and quantity of energy distribution faciliticiesRead More
not commenced
not commenced
Construct waste management plants in Blantyre, Lilongwe, Mzuzu and ZombaRead More
not commenced
not commenced
Reintroduce training of extension personnelRead More
not commenced
not commenced
Reduce post-harvest losses to less than 10% especially among smallholder farmersRead More
not commenced
not commenced
Turn maize into a cash crop by removing bottlenecks the undermine maize marketingRead More
implemented
implemented08-June-2021
Raise the zero-rated Pay As You Earn (PAYE) tax threshold from MK 35,000 to MK 100,000Read More
not commenced
not commenced
Multiply the current legume export value by five-fold plus, contributing towards domestic resource mobilisation driveRead More
inprogress
inprogress28-May-2021
Promote the use of structured markets to mobilize domestic resources to multiply commodity exports more than five foldRead More
not commenced
not commenced
Strengthen Government's Financial Management Systems and promote transparency and accountabilityRead More
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