The May Marketing Report for 2021 which was released by the Reserve Bank of Malawi (RBM) has concluded that the outlook for the domestic economy mainly centers on the impact of the looming third wave of the covid-19 pandemic.
According to the report, the increase in number of Covid-19 cases may force the government to reinstate Covid-19 restrictions for Covid-19 prevention thereby affecting economic activities.
The report therefore urged authorities to ensure that the Covid-19 vaccine is available in the country as it is key for ensuring sustained economic recovery.
Malawi has recently seen a surge in Covid-19 cases, as of 29 June 2021, the country had 1399 active cases. This far, a total of 385,242 people have received the first dose of AstraZeneca Vaccine and 43,165 people have received the second dose.