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Africa > Malawi

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Cover IMF Staff Country Reports
Malawi: Selected Issues
International Monetary Fund. African Dept.
This Selected Issues paper benchmarks Malawi’s public spending and identifies areas where there is scope to improve expenditure efficiency. Malawi performs poorly in health and education spending efficiency. Spending in these areas will need to be stepped up to achieve better living standards and higher, more inclusive growth. A rebalancing of the composition of education and health spending—including greater prioritization of low cost-high impact spending and balancing maintenance against capital spending—would yield immediate results in both health and education. Strengthening the public expenditure management chain, especially procurement and supply management, will be important. These reforms would go hand in hand with greater fiscal transparency and accountability in these sectors.
Keywords:
ISCR; CR; Malawi; public spending; private sector; spending; growth trend; Medium-Term Growth and Development Strategy; credit growth; business environment; bank lending; vulnerability to external; Education spending; Health care spending; Global; Sub-Saharan Africa; Africa
Cover IMF Staff Country Reports
Malawi: 2018 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility
International Monetary Fund. African Dept.
This 2018 Article IV Consultation highlights that the economy of Malawi recently rebounded from two years of drought. Growth picked up from 2.3 percent in 2016 to an estimated 4.0 percent in 2017 owing to a recovery in agricultural production. Inflation has been reduced below 10 percent owing to the stabilization of food prices, prudent fiscal and monetary policies, and a stable exchange rate. Economic growth is expected to increase gradually, reaching over 6 percent in the medium term. Growth will be supported by enhanced infrastructure investment and social services as well as an improved business environment, which will boost confidence and unlock the economy’s potential for higher, more broad-based, and resilient growth and employment.
Keywords:
ISCR; CR; right; authority; IMF arrangement; reform; Malawi's quota; debt service pressure; ECF arrangement; interest rate; Arrears; Fiscal accounting and reporting; Sub-Saharan Africa; Global
Cover IMF Staff Country Reports
Malawi: Economic Development Document
International Monetary Fund. African Dept.
This Economic development Document presents an overview of Malawi’s Development Plan. Disappointing results with respect to implementation of Malawi Growth and Development Strategy II have triggered a qualified rethink in Malawi’s development planning process. There is a growing recognition that Malawi needs a more realistic development plan, in terms of both the underlying assumptions and resource availability, as well as with fewer priorities and a greater emphasis on implementation. Climate change has also become a major new factor in this process. The recent formation of a quasi-independent National Development and Planning Commission is expected to help in improving the independence of the planning process in Malawi.
Keywords:
ISCR; CR; Malawi; policy; agriculture; government; rate; MGDS III; poverty rate; National Disaster risk management policy; poverty in Malawi; policy advice; disaster risk management policy; rain-fed agriculture; education policy; sector policy; Poverty reduction; Development strategy; Sub-Saharan Africa; Global
Cover IMF Working Papers
The Quality of the Recent High-Growth Episode in Sub-Saharan Africa
Mr. Marcelo Martinez
and
Mr. Montfort Mlachila
The paper explores the quality of the recent high-growth episode in sub-Saharan Africa by examining the following two questions: (i) what has been the nature and pattern of SSA growth over the past 15 years and how does it compare with previous episodes? (ii) has this growth had an impact on socially desirable outcomes, for example, improvements in health, education and poverty indicators? To do this, the paper first examines various aspects of the fundamentals of growth in SSA—levels, volatility, sources, etc.—according to various country analytical groupings. Second, it explores the extent to which the growth has been accompanied by improvements in social indicators. The paper finds that the quality of growth in SSA over the past 15 years has unambiguously improved, although progress in social indicators has been uneven.
Keywords:
WP; Real GDP growth; health outcome; TFP improvement; poverty-growth nexus; Quality of growth; social indicators; sub-Saharan Africa; income gain; per capita income; mortality rate; poverty-reducing pattern; gross investment; poverty outcome; Capita Real GDP growth; physical capital; poverty indicator; income difference; Total factor productivity; Personal income; Poverty reduction; Africa
Cover IMF Staff Country Reports
Malawi: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper
International Monetary Fund
According to MGDS-II, certain major factors such as Malawi’s vulnerability to external shocks, inadequate policy response, and weak implementation capacity have hindered growth and development of the economy. The political risks resulting from the upcoming 2014 tripartite elections have also been cited as a major issue. The report suggests that the government should look into the issues of corruption. IMF staffs has put forth certain guidelines that need to be followed when the first Annual Progress Report is prepared.
Keywords:
ISCR; CR; mgds II; governance; poverty reduction Strategy paper; MGDS; poverty projection; reform land policy; poverty analysis; poverty challenge; cross-government reform; Poverty reduction strategy; Poverty reduction; Africa
Cover IMF Staff Country Reports
Malawi: Poverty Reduction Strategy Paper
International Monetary Fund
The Malawi Growth and Development Strategy II (MGDS-II) is a poverty reduction strategy for the period 2006–11, which is aimed at fulfilling Malawi’s future developmental aspiration—Vision 2020. The strategy identifies broad thematic areas and key priority areas to bring about sustained economic growth. A striking feature of this strategy is that the various governmental organizations, private sector, and general public are equal stakeholders. However, successful implementation of MGDS-II will largely depend on sound macroeconomic management and a stable political environment.
Keywords:
ISCR; CR; economic growth; natural resources; private sector; climate change; MGDS II; community development; Infrastructure; Transportation; Global
Cover Global Monitoring Report
Global Monitoring Report
Food Prices, Nutrition, and the Millennium Development Goals: Food Prices, Nutrition, and the Millennium Development Goals
International Monetary Fund
Keywords:
MISC RPT; MISC; food price; price; food; country; developing country; commodity; trade
Cover IMF Staff Country Reports
Republic of Mozambique: Poverty Reduction Strategy Paper: Annual Progress Report: Review of the Economic and Social Plan for 2007
International Monetary Fund
This Annual Progress Report reviews the Poverty Reduction Strategy Paper and Economic and Social Plan for 2007 for Mozambique. The report presents the new simplified structure adopted in the Review of the First Half of 2007. In the international context, the evolution of the international economy is presented, which allows a visualization of the international economic conditions in which the country has implemented its economic and social policy. The activities of the environment and the science and technology sectors are also described.
Keywords:
ISCR; CR; military training; private sector; exchange rate; value chain; civil construction; cashew nut; public finance; HIV and AIDS; Africa; North America; Southern Africa; Global
Cover IMF Staff Country Reports
Malawi: Poverty Reduction Strategy Paper: Growth and Development Strategy
International Monetary Fund
This paper focuses on the Poverty Reduction Strategy Paper (PRSP) and the Malawi Growth and Development Strategy (MGDS). The MGDS is the overarching strategy for Malawi from fiscal year 2006/07 to 2010/2011. The purpose of the MGDS is to serve as a single reference document for policymakers in government; the private sector; civil society organizations; donors and cooperating partners and the general public on socioeconomic growth and development priorities for Malawi. The overriding philosophy of the MGDS is poverty reduction through sustainable economic growth and infrastructure development.
Keywords:
ISCR; CR; natural resource; risk management; public goods; local government; net exporter; quality of life; transaction costs; value chain; corporate governance; civil society; exchange rate; HIV and AIDS; Infrastructure; Africa; Sub-Saharan Africa
Cover IMF Staff Country Reports
Malawi: Poverty Reduction Strategy Paper: Third Annual Progress Report: Joint Staff Advisory Note
International Monetary Fund
The government of Malawi has finalized its third annual progress report (APR) of Malawi’s Poverty Reduction Strategy (MPRS) for the period July 2004 to December 2005. The government’s strategy as described in the MPRS focuses on reducing poverty through creating a stable macroeconomic environment and undertaking activities in four interrelated pillars. IMF staff recommends that in future processes, extra effort is made to ensure greater participation by the private sector and key members of parliament. The food security crisis was deeper than anticipated, leading to higher expenditures.
Keywords:
ISCR; CR; APR outline; government; APR process; Malawi's Poverty Reduction Strategy; APR presents output; licensing authorities; government institution; Poverty reduction strategy; Poverty reduction