{
  "title": "Malawi: 2018 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility",
  "publication": "IMF Staff Country Reports, May 9, 2018",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2018/05/09/malawi-2018-article-iv-consultation-and-request-for-a-three-year-arrangement-under-the-45863",
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  "summary": "This 2018 Article IV Consultation highlights that the economy of Malawi recently rebounded from two years of drought. Growth picked up from 2.3 percent in 2016 to an estimated 4.0 percent in 2017 owing to a recovery in agricultural production.",
  "sections": [
    {
      "heading": "Economic rebound and near-term performance",
      "content": "- Growth picked up from 2.3 percent in 2016 to an estimated 4.0 percent in 2017 owing to a recovery in agricultural production.\n- The economy recently rebounded from two years of drought."
    },
    {
      "heading": "Inflation and macroeconomic stability",
      "content": "- Inflation has been reduced below 10 percent owing to the stabilization of food prices, prudent fiscal and monetary policies, and a stable exchange rate."
    },
    {
      "heading": "Medium-term outlook and drivers of growth",
      "content": "- Economic growth is expected to increase gradually, reaching over 6 percent in the medium term.\n- Growth will be supported by:\n  - enhanced infrastructure investment and social services,\n  - an improved business environment, which will boost confidence and unlock the economy’s potential for higher, more broad-based, and resilient growth and employment."
    },
    {
      "heading": "Report metadata and classification (as presented)",
      "content": "- Subject: Arrears, Banking, Education, External debt, Fiscal accounting and reporting, Fiscal policy, Public financial management (PFM)\n- 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\n- Pages: 152\n- Volume: 2018\n- Issue: 115\n- Series: Country Report No. 2018/115\n- DOI: https://doi.org/10.5089/9781484354445.002\n- Stock No: 1MWIEA2018001\n- ISBN: 9781484354445\n- ISSN: 1934-7685\n\nInternational 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).\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: May 9, 2018",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484354445.002",
    "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 has been reduced below 10 percent owing to the stabilization of food prices, prudent fiscal and monetary policies, and a stable exchange rate.",
    "Economic growth is expected to increase gradually, reaching over 6 percent in the medium term.",
    "Growth will be supported by:",
    "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",
    "**Country Report**"
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