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Africa > Malawi

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Cover IMF Staff Country Reports
Malawi: Ex Post Assessment of Longer-Term Program Engagement
International Monetary Fund
This report presents an ex post assessment of Malawi’s longer-term program engagement with the IMF. Given the length of the engagement, and the important political change that took place in the mid-1990s, much of this report focuses on performance during the programs supported by the 1995 Enhanced Structural Adjustment Facility and 2000 Poverty Reduction and Growth Facility arrangements. It provides an overview of economic developments, and reviews achievements and shortcomings in some key macroeconomic and structural areas. The role of the IMF in this process is also analyzed.
Keywords:
ISCR; CR; debt ratio; real GDP; balance of payments; exchange rate; private sector; public enterprise; government intervention; fiscal policy; maize operation; Government debt management; Public enterprises; Budget planning and preparation; Southern Africa
Cover IMF Staff Country Reports
Malawi: Report on the Observance of Standards and Codes-Fiscal Transparency Module
International Monetary Fund
This paper presents report on the Observance of Standards and Codes—Fiscal Transparency Module for Malawi. A number of improvements have been made to budget management in Malawi in recent years that are increasing the level of fiscal transparency. Notable examples include the development of a sophisticated budget classification system and the introduction of the Medium-Term Expenditure Framework (MTEF) budgeting process. However, the developments have not been applied consistently across the different areas of fiscal management, and there has been insufficient attention to data quality.
Keywords:
ISCR; CR; government; government policy; financial asset; government regulation; public finance; finance committee; government's account; government policy in Malawi; budget sector; government of Malawi; accounts document; Budget planning and preparation; Public enterprises; Contingent liabilities; Africa