By Mabuchi Chunga
The Economics Association of Malawi (ECAMA) has given some pointers relating to areas of focus that need reforms if the country is to register economic growth.
ECAMA’s General Secretary, Andrew Kumbatira said there are vital sectors that require immediate attention in they way they operate such as the energy sector and border security which are undermining economic growth.
“Power continues to be a binding constraint to industrial development in Malawi so energy issues are there we also have issues like our borders, there is a lot of smuggling that is happening and these affect the business plain in Malawi,” said Kumbatira.
He further expressed the need to bolster the technology sector because the country is still lagging behind and yet the world is advancing in technology by the day.
“Malawi has not fully absorbed modern technologies in various sectors and this is also another constraint that needs to be looked into,” said Kumbatira.
The remarks follow a string of meetings the Vice President Saulos Chilima, who is also Minister of Economic Planning, Development and Public Sector Reforms has had with various ministries including Finance, Trade and industries.