Malawi: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi
December 20, 2021
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Malawi, a fragile state with one of the highest incidences of poverty, food insecurity and frequent weather-related shocks, has been severely affected by the pandemic. There are signs of gradual recovery and daily COVID-19 positive cases remain relatively low: real GDP growth in 2021 is projected to pick up to 2.2 percent from 0.9 percent in 2020 helped by a good harvest. However, inflation is expected to increase to 9 percent in 2021 from 8.6 percent in 2020, driven by increases in prices of fuel, fertilizer and food, leaving real per capita growth in the negative region.
Subject: Central banks, Debt sustainability, Expenditure, External debt, International organization, International reserves, Monetary policy, Public debt
Keywords: Africa, Debt sustainability, financing gap, fiscal policy stance, fund advice, Global, governance issue, International reserves, private sector investment, soft commodity, Sub-Saharan Africa
Pages:
112
Volume:
2021
DOI:
Issue:
269
Series:
Country Report No. 2021/269
Stock No:
1MWIEA2021001
ISBN:
9781616354886
ISSN:
1934-7685
