Cover IMF Staff Country Reports
Malawi: Poverty Reduction Strategy-Annual Progress Report: Joint Staff Advisory Note
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 279
Language:
English
Publication Date:
10 Aug 2005
DOI:
https://doi.org/10.5089/9781451828085.002
ISBN:
9781451828085
ISSN:
1934-7685
Pages:
7
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
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2005: Issue 279