Malawi : Poverty Reduction Strategy-Annual Progress Report: Joint Staff Advisory Note

Author/Editor:

International Monetary Fund

Publication Date:

August 10, 2005

Electronic Access:

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Summary:

This paper examines the Annual Progress Report on Malawi’s Poverty Reduction Strategy. Malawi could not reach its macroeconomic targets owing mainly to expansionary fiscal policies, which resulted in higher-than-envisaged domestic debt, interest rates, and inflation. The authorities aim to reduce the government’s domestic debt to free fiscal resources for development expenditures and ease credit costs for private sector-led growth. The University of Malawi undertook several activities meant to increase access and equity and to reduce reliance on government subventions.

Series:

Country Report No. 05/279

Subject:

English

Publication Date:

August 10, 2005

ISBN/ISSN:

9781451828085/1934-7685

Stock No:

1MWIEA2005003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

7

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