Malawi Central bank maintains policy rate at 26%

BLANTYRE-(MaraviPost)-The country’s central bank, Reserve Bank of Malawi (RBM) has maintained policy rate at 26.0 percent.

This means commercial banks will maintain interest rates.

In press statement issued on Thursday, RBM governor, Dr MacDonald Mafuta Mwale, justifies the decision following reviews on recent economic development in the country.

Dr Mwale said Bank’s Monetary Policy Committee (MPC) met on 28 and 29 October, 2025, to review recent economic developments hence the decision.

The statement however says inflation rose from 28.0 to 28.1 percent in the third quarter, with inflation projection for the year revised from 28.5 to 28.9 percent, mainly due to increase in fuel pump prices.

However, the economy is expected to grow by 2.8 percent from 1.7 percent last year.

This comes as the country’s forex base is picking barely a month after tripartite elections.

Lloyd M’bwana

I’m a Lilongwe University of Agriculture and Natural Resource (LUANAR)’s Environmental Science graduate (Malawi) and UK’s ICM Journalism and Media studies scholar. Also University of Malawi (UNIMA) Library Science Scholar. I have been The Malawi Country Manager and duty editor for the Maravi Post since 2019. My duty editor’s job is to ensure that the news is covered properly, that it is delivered on time, and that it is created to the standards set out in the editorial guidelines of the Maravi Post.