Malawi: Selected Issues

December 18, 2015

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Format: Chicago

Malawi: Selected Issues, (USA: International Monetary Fund, 2015) accessed December 26, 2024

Summary

This Selected Issues paper develops a framework to study the macroeconomic and distributional implications of alternative Farm Input Subsidy Program (FISP) reforms in Malawi. The FISP is one of the largest social expenditure items in Malawi, aimed at improving food security and reducing poverty. The FISP program targets poor rural households and provides them with a coupon for a predetermined amount of fertilizer at a heavily subsidized rate. The results of the study discussed in this paper show how policies that seek to improve the efficiency of expenditure can be consistent with higher and more equitable growth. It also focuses on the macroeconomic and distributional impacts of reducing the subsidy rate for the FISP.

Subject: Banking, Capital adequacy requirements, Commercial banks, Financial inclusion, Financial institutions, Financial markets, Financial regulation and supervision, Financial services, Mobile banking, Nonperforming loans

Keywords: Account penetration, Agent banking, Capital adequacy requirements, Capital ratio, Commercial banks, CR, Financial inclusion, FISP coupons decline, FISP program, FISP reform, Gini coefficient, Global, ISCR, Malawi, Nonperforming loans, Sub-Saharan Africa

Publication Details

Pages:

36
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/346
Stock No:

1MWIEA2015003
ISBN:

9781513522784
ISSN:

1934-7685

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