IMF Staff Country Reports

Malawi: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Performance Criteria, Extension and Rephasing of the Arrangement, and Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

November 7, 2003

Download PDF

Preview Citation

Format: Chicago

Malawi: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Performance Criteria, Extension and Rephasing of the Arrangement, and Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries, (USA: International Monetary Fund, 2003) accessed December 26, 2024

Summary

Malawi has made satisfactory economic progress under the Poverty Reduction Growth Facility (PRGF) arrangement. Executive Directors commended fiscal consolidation, structural reforms, and monetary policy, and stressed the need to maintain macroeconomic stability. They welcomed the Malawi Poverty Reduction Strategy Paper, which is aimed to attain the Millennium Development Goals. They agreed that Malawi attained the successful completion of the first review under the PRGF arrangement and approved a waiver, extension of arrangement, and an interim assistance under the Heavily Indebted Poor Countries Debt Initiative.

Subject: Budget planning and preparation, Expenditure, Fiscal policy, Fiscal stance, Poverty, Poverty reduction strategy, Public financial management (PFM), Revenue administration

Keywords: Anti-inflation strategy, Budget planning and preparation, Control data, CR, Exchange regime, Fiscal stance, Government, ISCR, Management buy-out, Poverty reduction strategy, PRGF arrangement, Safeguards assessment report, Southern Africa, Treasury accounting officer

Publication Details

  • Pages:

    93

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2003/344

  • Stock No:

    1MWIEA0022003

  • ISBN:

    9781451827996

  • ISSN:

    1934-7685