The National Planning Commission (NPC) has today released preliminary findings on an assessment it had conducted on economic impact of rising water levels in Lake Malawi.
The findings estimate that damages of K6.3 billion and revenue losses of K2.5 billion have been accrued by hotel and lodge along the lake following the water overflows.
Presenting the findings, NPC Research Manager Dr. Andrew Jamali, emphasized the need for urgent interventions to prevent such damage to the tourism sector in future.
 “This is an opportunity for us to come together and find solutions. We need to establish a water management system, implement interventions to protect economic activities, and enforce laws to ensure sustainable development,” he said.
NPC’s Director of Knowledge and Learning Dr. Joseph Nagoli, said NPC conducted the study because of the importance of tourism to the realisation of the Malawi 2063 First 10-Year Implementation Plan (MIP-1).
The study was conducted in collaboration with the Malawi Tourism Council, the Department of Economic Planning and Development in the Ministry of Finance, the Department of Disaster Management Affairs and the National Statistical Office.
