## Malawi: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi

_IMF Staff Country Reports, December 20, 2021_

## Source details

**Canonical URL:** [Malawi: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi](https://www.imf.org/en/publications/cr/issues/2021/12/17/malawi-2021-article-iv-consultation-press-release-staff-report-and-statement-by-the-511105)

## Other formats

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## Bibliographic details
- Published: December 20, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781616354886.002

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### Macroeconomic assessment and near-term outlook
- Malawi is described as "a fragile state with one of the highest incidences of poverty, food insecurity and frequent weather-related shocks."
- The economy "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:
  - "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.
- Inflation:
  - "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.
- Welfare impact:
  - The above dynamics are "leaving real per capita growth in the negative region."

### Key statistics and publication identifiers
- Pages: 112
- Volume: 2021
- Issue: 269
- Series: Country Report No. 2021/269
- DOI: https://doi.org/10.5089/9781616354886.002
- Stock No: 1MWIEA2021001
- ISBN: 9781616354886
- ISSN: 1934-7685

### Subject coverage and keywords
- Subjects: 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

*International Monetary Fund. Malawi: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi.*

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## Content in this bundle

- **1mwiea2021001 — "1. Reform Scenario, 2021-25"**
  - [1mwiea2021001 — "1. Reform Scenario, 2021-25" (Markdown version)](/-/media/files/publications/cr/2021/english/1mwiea2021001.pdf.md){rel="alternate" type="text/markdown"}
  - [1mwiea2021001 — "1. Reform Scenario, 2021-25" (PDF)](/-/media/files/publications/cr/2021/english/1mwiea2021001.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2021/12/17/malawi-2021-article-iv-consultation-press-release-staff-report-and-statement-by-the-511105_