Malawi: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi

December 20, 2021

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Malawi: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi, (USA: International Monetary Fund, 2021) accessed December 21, 2024

Summary

Malawi, a fragile state with one of the highest incidences of poverty, food insecurity and frequent weather-related shocks, has been severely affected by the pandemic. There are signs of gradual recovery and daily COVID-19 positive cases remain relatively low: real GDP growth in 2021 is projected to pick up to 2.2 percent from 0.9 percent in 2020 helped by a good harvest. However, inflation is expected to increase to 9 percent in 2021 from 8.6 percent in 2020, driven by increases in prices of fuel, fertilizer and food, leaving real per capita growth in the negative region.

Subject: Central banks, Debt sustainability, Expenditure, External debt, International organization, International reserves, Monetary policy, Public debt

Keywords: Africa, Debt sustainability, Financing gap, Fiscal policy stance, Fund advice, Global, Governance issue, International reserves, Private sector investment, Soft commodity, Sub-Saharan Africa

Publication Details

Pages:

112
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/269
Stock No:

1MWIEA2021001
ISBN:

9781616354886
ISSN:

1934-7685

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