European Parliament Library

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

This 2009 Article IV Consultation highlights that Malawi’s macroeconomic performance has improved significantly over the past two years, and the country’s 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, within the context of 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
Table Of Contents
Cover; Contents; Executive Summary; I. Recent Developments and Performance under the ESF; Boxes; 1. External Payment Arrears and Restrictions; 2. Assessment of Malawi's Exchange Rate; II. Policy Discussions; 3. Economic Performance Under Recent Fund Arrangements; A. A Return to Fiscal and Monetary Discipline; B. Anchoring External Sustainability and Foreign Exchange Market Liberalization; 4. Foreign Exchange Market Liberalization, 2010-12; C. Structural Reforms; III. Economic Outlook and Risks; IV. Program Monitoring; A. Program Monitoring and Conditionality; B. Capacity to Repay
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (100 p.)
Specific Material Designation
Form Of Item

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