Malawi: Ninth Review Under the Extended Credit Facility Arrangement and Request for Waivers for Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Malawi

July 5, 2017

Preview Citation

Format: Chicago

Malawi: Ninth Review Under the Extended Credit Facility Arrangement and Request for Waivers for Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Malawi, (USA: International Monetary Fund, 2017) accessed November 21, 2024

Summary

This paper discusses Malawi’s Ninth Review Under the Extended Credit Facility Arrangement and Request for Waivers for Nonobservance of performance criteria. Real GDP growth is expected to range between 4–5 percent in 2017 owing to a good agricultural harvest and its expected spillovers to other sectors of the economy. Growth prospects, however, will be constrained by persistent power blackouts, water shortages, and access to credit. Real growth is expected to gradually increase over the medium term as macroeconomic conditions stabilize and investment and consumption levels rise. The outlook remains challenging, reflecting uncertainties related to weather conditions, the impact of the fall armyworm infestation on food crops and risks of policy slippages.

Subject: Banking, Expenditure, External debt, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)

Keywords: Africa, Burden indicator, CR, Debt, Development partner, ECF arrangement, Fund support, ISCR, Monetary policy, Policy implementation, Public and publicly-guaranteed external debt, Sub-Saharan Africa

Publication Details

Pages:

94
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/183
Stock No:

1MWIEA2017001
ISBN:

9781484307267
ISSN:

1934-7685

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