{
  "title": "Malawi: Staff Report for 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility",
  "publication": "IMF Staff Country Reports, March 31, 2010",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/malawi-staff-report-for-2009-article-iv-consultation-and-request-for-a-three-year-23771",
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  "summary": "This 2009 Article IV Consultation highlights that Malawi’s macroeconomic performance has improved significantly over the past two years, and the country’s agricultural-based economy has weathered the global economic storm relatively well.",
  "sections": [
    {
      "heading": "Executive summary and key findings",
      "content": "- Malawi’s macroeconomic performance has improved significantly over the past two years.\n- The agricultural-based economy has weathered the global economic storm relatively well.\n- Good weather and the distribution of subsidized fertilizer have contributed to:\n  - robust growth, and\n  - moderate inflation in recent years.\n- Malawi’s medium-term outlook is favorable, conditional on successful implementation of the Extended Credit Facility-supported program.\n- Growth is expected to remain buoyant but moderate somewhat relative to the high growth of the recent past."
    },
    {
      "heading": "Macroeconomic themes and subjects covered",
      "content": "- Balance of payments\n- Budget planning and preparation\n- Currency markets\n- Current account\n- Exchange rates\n- Financial markets\n- Foreign exchange\n- Public financial management (PFM)"
    },
    {
      "heading": "Keywords and analytical focus",
      "content": "- article IV consultation discussion\n- Budget planning and preparation\n- consumer price inflation\n- CR\n- Currency markets\n- Current account\n- donor disbursement delay\n- exchange rate appreciation\n- Exchange rates\n- Global\n- ISCR\n- Malawi\n- repayment target\n- services expenditure\n\n---\n\n Content in this bundle\n\n- cr1087 - Executive Summary\n  - cr1087 - Executive Summary (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr1087 - Executive Summary (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 31, 2010",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781455204496.002",
    "Malawi’s macroeconomic performance has improved significantly over the past two years.",
    "The agricultural-based economy has weathered the global economic storm relatively well.",
    "Good weather and the distribution of subsidized fertilizer have contributed to:",
    "Malawi’s medium-term outlook is favorable, conditional on successful implementation of the Extended Credit Facility-supported program.",
    "Growth is expected to remain buoyant but moderate somewhat relative to the high growth of the recent past.",
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