- Malawi’s Finance Minister presented the 2025 to 2026 Budget Statement on 28 February 2025
- Proposed tax measures will take effect on 1 April after parliamentary approval and presidential assent
- Removal of 16.5 percent VAT on bread, buns, and confectioneries to support local bakeries
Source: ensafrica.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.