Malawi: 2018 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility
IMF Staff Country Reports, May 9, 2018
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- Malawi: 2018 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility
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Bibliographic details
- Published: May 9, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484354445.002
Economic rebound and near-term performance
- Growth picked up from 2.3 percent in 2016 to an estimated 4.0 percent in 2017 owing to a recovery in agricultural production.
- The economy recently rebounded from two years of drought.
Inflation and macroeconomic stability
- Inflation has been reduced below 10 percent owing to the stabilization of food prices, prudent fiscal and monetary policies, and a stable exchange rate.
Medium-term outlook and drivers of growth
- Economic growth is expected to increase gradually, reaching over 6 percent in the medium term.
- Growth will be supported by:
- enhanced infrastructure investment and social services,
- an improved business environment, which will boost confidence and unlock the economy’s potential for higher, more broad-based, and resilient growth and employment.
Report metadata and classification (as presented)
- Subject: Arrears, Banking, Education, External debt, Fiscal accounting and reporting, Fiscal policy, Public financial management (PFM)
- Keywords: Arrears, authority, CR, debt service pressure, ECF arrangement, Fiscal accounting and reporting, Global, IMF arrangement, interest rate, ISCR, Malawi's quota, reform, right, Sub-Saharan Africa
- Pages: 152
- Volume: 2018
- Issue: 115
- Series: Country Report No. 2018/115
- DOI: https://doi.org/10.5089/9781484354445.002
- Stock No: 1MWIEA2018001
- ISBN: 9781484354445
- ISSN: 1934-7685
International Monetary Fund. Malawi: 2018 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility (IMF Staff Country Reports 2018, 115).
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- Country Report