This was disclosed in Lilongwe at the dissemination of the Malawi Poverty Report.
The report is a culmination of World Bank sponsored household survey which among other things gauged the standards of peoples' living conditions in education, labour, nutrition, income, mortality and ownership of goods.
However, among other things, the survey revealed an increase in urban poverty as compared to the rural areas.
On the regional performance, poverty is said to have reduced in Northern and Southern regions of Malawi, while the central region has registered a slight improvement in poverty levels.
Speaking at the function, Vice President Dr Saulos Klaus Chilima said Malawi Poverty Report 2020 is a launchpad for development promises which the Tonse administration made to Malawians.
He further assured Malawians that Government will implement various interventions to change the status quo.
He among other things cited increased agriculture productivity as one of the interventions, saying it can help create wealth and jobs for the youth.