Malawi’s central bank held its key interest rate at 26%, signaling cautious optimism as inflation continues its downward trend, albeit remaining high. The bank also adjusted the liquidity reserve requirement ratio for domestic currency deposits by 100 bps to 8.75%, aiming to curb the rapid money supply expansion. Economic growth projections for Malawi are set at 3.2% for 2024, up from an estimated 1.5% in the previous year.