Investment Friendly Legislation Vital For Malawi’s Economic Growth – US Envoy

United States ambassador to Malawi, David Young says the country’s capabilities to register significant economic growth rests with Parliament enacting investment friendly legislation.

The remarks by the US envoy to Malawi buttress the important role that trade and investment play in the socio-economic development of any country.

Speaking to the Malawi Daily Telegraph on the line from North Florida where he is on vacation, Young tips Malawi to learn from other countries that have investor-friendly laws and policies.

Latest economic reports put Malawi the first among the five poorest countries in the world.