Malawi: Staff Report for 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility

IMF Staff Country Reports, March 31, 2010

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Malawi: Staff Report for 2009 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility

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Bibliographic details

• Published: March 31, 2010
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781455204496.002

Executive summary and key findings

• Malawi’s macroeconomic performance has improved significantly over the past two years.
• The agricultural-based economy has weathered the global economic storm relatively well.
• Good weather and the distribution of subsidized fertilizer have contributed to:
  • robust growth, and
  • moderate inflation in recent years.
• Malawi’s medium-term outlook is favorable, conditional on successful implementation of the Extended Credit Facility-supported program.
• Growth is expected to remain buoyant but moderate somewhat relative to the high growth of the recent past.

Macroeconomic themes and subjects covered

• Balance of payments
• Budget planning and preparation
• Currency markets
• Current account
• Exchange rates
• Financial markets
• Foreign exchange
• Public financial management (PFM)

Keywords and analytical focus

• article IV consultation discussion
• Budget planning and preparation
• consumer price inflation
• CR
• Currency markets
• Current account
• donor disbursement delay
• exchange rate appreciation
• Exchange rates
• Global
• ISCR
• Malawi
• repayment target
• services expenditure

Content in this bundle

• _cr1087 - Executive Summary
  • _cr1087 - Executive Summary (Markdown version)
  • _cr1087 - Executive Summary (PDF)