Advertisement

Falling inflation to boost Malawi's currency - Finmin

Motorists pumps fuel into his vehicle in the commercial capital Blantyre in this picture taken March 26, 2012. REUTERS/Eldson Chagara

LILONGWE (Reuters) - Falling inflation due to declining fuel prices and a narrowing budget deficit will boost Malawi's currency and see a rebound in the southern African country's economy, despite a fall in donor grants, the finance minister said in a budget speech on Friday.