IMF Staff Country Reports

Malawi: Technical Assistance Report-Public Investment Management Assessment (PIMA)

August 22, 2018

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Malawi: Technical Assistance Report-Public Investment Management Assessment (PIMA), (USA: International Monetary Fund, 2018) accessed September 19, 2024

Summary

This Technical Assistance report assesses the state of public investment management (PIM) in Malawi. Measured against the overall strength of its PIM institutions, Malawi performs broadly in line with other low-income developing countries and sub-Saharan African countries, but less well than better-performing emerging markets. Measures of institutional strength show how well Malawi rates in terms of its existing laws and regulations, as well as the formal guidelines and instructions issued by the government to implement these laws. The public investment management assessment diagnostic tool also measures how effectively, in practice, the government implements and enforces these laws and regulations. On this measure of effectiveness, Malawi performs relatively poorly. Looking at individual indicators of PIM, Malawi’s performance is mixed.

Subject: Budget planning and preparation, Expenditure, Fiscal policy, Public financial management (PFM), Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Africa, Annual budget, Budget planning and preparation, Budget year, Capital investment, Capital stock, Caribbean, Cash flow, Cash management, CR, Debt management strategy, East Africa, Europe, Fiscal policy, Implementing investment, Investment activity, Investment project, ISCR, Malawi education sector improvement program, Malawi power market structure, Malawi revenue authority, Malawian authorities, PIM effectiveness, Private sector investment, Public investment and public-private partnerships (PPP), Public investment spending, Southern Africa, Sub-Saharan Africa, Water board

Publication Details

  • Pages:

    57

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2018/259

  • Stock No:

    1MWIEA2018003

  • ISBN:

    9781484373750

  • ISSN:

    1934-7685