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Africa > Malawi

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Cover Policy Papers
Policy Support and Signaling in Low-Income Countries
International Monetary Fund
This paper explores how the Fund's instruments and practices might be adapted to support sound policies in low-income members, in particular those that do not have a need or want to use Fund resources.
Keywords:
PP; PRGF arrangement; fund endorsement; PSI documentation; PSI performance target; Fund arrangement; Fund resource; successor PSI.; fund financial support; fund staff; fund activity; successor PSI; policy framework; Poverty reduction strategy; Debt sustainability; Credit; Macro-fiscal framework; Balance of payments need; Africa; Asia and Pacific
Cover IMF Working Papers
Pity the Finance Minister: Issues in Managing a Substantial Scaling-Up of Aid Flows
Mr. Peter S. Heller
Substantially scaling up of aid flows will require development partners to address many issues, including the impact of higher aid flows on: the competitiveness of aid recipients; the management of fiscal and monetary policy; the delivery of public services; behavioral incentives; and the rate of growth of the economy. Other issues will include the appropriate sequencing of aid-financed investments; balancing alternative expenditure priorities; the implications for fiscal and budget sustainability; and exit strategies from donor funding. Donors will need to ensure greater long-term predictability and reduced short-term volatility of aid. The international financial institutions can play a critical role in helping countries address these scaling-up issues.
Keywords:
WP; country authorities; expenditure program; recipient government; private sector; exchange rate; monetary policy; Foreign Aid; Fiscal Policy; Dutch Disease; Aid donors; recipient country; government program; financial support; Aid flows; Budget planning and preparation; Real exchange rates; Global
Cover IMF Staff Country Reports
Malawi: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PGRF) and Additional Interim Assistance Under the Enhanced HIPC Initiative
International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Keywords:
ISCR; CR; pension formula; pension; staff appraisal; government; spending plan; program of economic reform; government's program; Budget planning and preparation; Public sector wages; Poverty reduction strategy; Global; Sub-Saharan Africa; Africa
Cover IMF Staff Country Reports
Malawi: Poverty Reduction Strategy-Annual Progress Report: Joint Staff Advisory Note
International Monetary Fund
This paper examines the Annual Progress Report on Malawi’s Poverty Reduction Strategy. Malawi could not reach its macroeconomic targets owing mainly to expansionary fiscal policies, which resulted in higher-than-envisaged domestic debt, interest rates, and inflation. The authorities aim to reduce the government’s domestic debt to free fiscal resources for development expenditures and ease credit costs for private sector-led growth. The University of Malawi undertook several activities meant to increase access and equity and to reduce reliance on government subventions.
Keywords:
ISCR; CR; government; APR; government plan; policy; administration; authorities' strategy; government subvention; government's intention; authorities' effort; APR note; Domestic debt; Budget planning and preparation
Cover Finance & Development
Finances & Développement, juin 2005
International Monetary Fund. External Relations Dept.
Pour les dernières idées sur le système financier international, la politique monétaire, le développement économique, la lutte contre la pauvreté et d’autres questions importantes, abonnez-vous à Finances & Développement (F&D). Ce trimestriel attrayant présente des analyses approfondies sur ces thèmes et d'autres sujets, rédigées par les membres des services du FMI ainsi que par des experts de renommée internationale. Les articles sont écrits pour les non-spécialistes qui souhaitent enrichir leur compréhension des rouages de l'économie mondiale et des politiques et activités du FMI.
Keywords:
FD; F&D; primary education; government; spending; debt
Cover IMF Staff Country Reports
Malawi: Poverty Reduction Strategy Paper Annual Progress Report
International Monetary Fund
This paper analyzes key findings of the second progress report on Malawi’s Poverty Reduction Strategy Paper (PRSP). The second progress report has focused on assessing inputs, outputs, and to some extent outcomes of the implementation of the strategy. In terms of inputs, this report analyzes expenditure by pillars, protected pro-poor activities, and functional analysis of government expenditure pattern. The outputs and outcomes analysis are presented in the report by comparing the planned activities and their targets outlined in the strategy to the actual progress and targets achieved over the second year of the implementation period.
Keywords:
ISCR; CR; civil society; financial year; economic growth; local government; private sector; gross domestic product; basic education; open learning; public works; State party report; HIV and AIDS; Agroindustries; Africa; Southern Africa; Global
Cover Finance & Development
Finance & Development, June 2005
International Monetary Fund. External Relations Dept.
The paper highlights that over the past century, access to education has increased enormously, illiteracy has fallen dramatically, and a higher proportion of people are completing primary, secondary, or tertiary education than ever before. But huge problems remain. About 115 million children of primary school age are not currently enrolled in school. Most are illiterate and live in absolute poverty—the majority female. Some 264 million children of secondary school age are not currently enrolled, and the quality of schooling is often low.
Keywords:
FD; F&D; primary education; government; spending; debt; Turkey's State Institute of Statistics; policy challenge; country focus; project co-director; UPE goal; Loans; Stock markets; Capital markets; Global; Europe; Sub-Saharan Africa; East Asia; South Asia
Cover Educating Children in Poor Countries
Educating Children in Poor Countries
Ms. Eva Jenkner
and
Mr. Arye L. Hillman

Abstract

In an ideal world, primary education would be universal and publicly financed, and all children would be able to attend school regardless of their parents’ ability or willingness to pay. In many poor countries, however, governments lack either the financial resources or the political will to provide each child with a basic education, despite the benefits that would accrue not only to individuals but to society as a whole. In some of these countries, parents cover part or all of the cost of their children’s education. This paper explores the pros and cons of user payments.

Keywords:
EI; user payment; school; School enrollment; school attendance; government; Community-managed school; school supplies; School fee; school administrator; school management; Personal income; South Asia; East Asia; Sub-Saharan Africa
Cover Finance & Development
Finance and Development June 2005
International Monetary Fund. External Relations Dept.
For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.
Keywords:
FD; F&D; primary education; government; spending; debt
Cover IMF Policy Discussion Papers
Understanding Fiscal Space
Mr. Peter S. Heller
With new initiatives to provide low income countries with external assistance in support of the Millennium Development Goals (MDGs), donors and NGOs are seeking to understand whether "fiscal space" can be provided in the context of IMF-supported programs to support these initiatives. This paper defines the concept of fiscal space and its link to fiscal sustainability, describes alternative ways in which fiscal space can be created, and notes how the IMF can support appropriate efforts to create fiscal space. The paper underscores that the issues that arise in creating fiscal space are not novel, but have always confronted governments in judging whether there is scope for additional expenditure.
Keywords:
PDP; expenditure program; GDP; revenue; Tanzania; Fiscal space; fiscal sustainability; MDGs; spending program; poverty-reducing spending; expenditure priority; government expenditure program; reprioritizing expenditure; expenditure policy decision; expenditure structure; Dutch Disease effect; Debt financing; Infrastructure