Malawi: Poverty Reduction Strategy-Annual Progress Report: Joint Staff Advisory Note

August 10, 2005

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Malawi: Poverty Reduction Strategy-Annual Progress Report: Joint Staff Advisory Note, (USA: International Monetary Fund, 2005) accessed December 27, 2024

Summary

This paper examines the Annual Progress Report on Malawi’s Poverty Reduction Strategy. Malawi could not reach its macroeconomic targets owing mainly to expansionary fiscal policies, which resulted in higher-than-envisaged domestic debt, interest rates, and inflation. The authorities aim to reduce the government’s domestic debt to free fiscal resources for development expenditures and ease credit costs for private sector-led growth. The University of Malawi undertook several activities meant to increase access and equity and to reduce reliance on government subventions.

Subject: Budget planning and preparation, Domestic debt, Public debt, Public financial management (PFM)

Keywords: Administration, APR, APR note, Authorities' effort, Authorities' strategy, Budget planning and preparation, CR, Domestic debt, Government, Government plan, Government subvention, Government's intention, ISCR, Policy

Publication Details

Pages:

7
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/279
Stock No:

1MWIEA2005003
ISBN:

9781451828085
ISSN:

1934-7685

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