US EditionEconomic stability, but at what social cost?
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Economic stability, but at what social cost?
The 2025/26 national budget prioritises fiscal restraint, but in doing so, it leaves a growing number of workers exposed to the full effects of inflation. By keeping both the minimum wage and the Pay As You Earn (Paye) tax-free threshold unchanged, the government has opted to preserve revenue at the expense of household purchasing power. The rationale is clear. Raising the Paye threshold would reduce income tax revenues. Increasing the minimum w…
·Blantyre, Malawi
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