Malawi: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi

December 18, 2015

Preview Citation

Format: Chicago

Malawi: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi, (USA: International Monetary Fund, 2015) accessed September 21, 2024

Summary

This 2015 Article IV Consultation highlights that bold economic reforms undertaken in mid-2012 in Malawi transformed the policy environment and greatly improved the outlook of the economy. Over 2012–14, real GDP growth and inflation averaged 4.3 percent and 24.5 percent, respectively. The economic outlook remains difficult reflecting the negative impact of weather-related shocks, the ongoing suspension of budget support, persistently high inflation and weaker global demand which could hurt Malawi’s exports. Real GDP growth is projected to fall by 2.7 percentage points to 3 percent in 2015.

Subject: Balance of payments statistics, Banking, Budget planning and preparation, Economic and financial statistics, Expenditure, Inflation, Prices, Public financial management (PFM), Revenue administration

Keywords: Authority, Balance of payments statistics, Banking system, Budget planning and preparation, CR, FAD, Fiscal policy, Fuel import regime, Global, Government bank accounts, Inflation, ISCR, Milestone reform, Monetary policy architecture, Monetary policy benefit, Monetary policy slippage, Southern Africa, Year-on-year inflation

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/345
Stock No:

1MWIEA2015002
ISBN:

9781513551470
ISSN:

1934-7685

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