Malawi: Staff Report for the 2002 Article IV Consultation and Economic Program for 2002
IMF Staff Country Reports, August 16, 2002
Source details
- Canonical URL
- Malawi: Staff Report for the 2002 Article IV Consultation and Economic Program for 2002
Other formats
Bibliographic details
- Published: August 16, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451827989.002
Program design and collaboration
- Malawi’s economic program was guided by the Poverty Reduction Strategy Paper (PRSP) process.
- The program was designed in close collaboration with the World Bank and other members of the international community.
Data and institutional weaknesses
- Malawi’s core economic databases are weak.
- The authorities will have to address serious deficiencies more forcefully.
Growth performance and 2001 assessment
- Growth performance was disappointing in 2001, with real output likely to have contracted.
Outlook for 2002
- Preliminary agricultural production data for 2002 point at best to a weak economic recovery.
Policy implications and priorities
- Strengthen and modernize core economic databases to support program design and monitoring.
- Deepen collaboration with international partners (including the World Bank) to support program implementation.
- Prioritize measures to revive agricultural production and support a broader economic recovery given weak preliminary agricultural indicators for 2002.
Source: Malawi: Staff Report for the 2002 Article IV Consultation and Economic Program for 2002, August 16, 2002.