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

International Monetary Fund

No 2021/269, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: financing gap; fund advice; private sector investment; governance issue; fiscal policy stance; soft commodity; Debt sustainability; International reserves; Africa; Global; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 112
Date: 2021-12-20
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