Malawi: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi
Download or Read eBook Malawi: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi PDF written by International Monetary and published by International Monetary Fund. This book was released on 2021-12-20 with total page 112 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary |
| Publisher | : International Monetary Fund |
| Total Pages | : 112 |
| Release | : 2021-12-20 |
| ISBN-10 | : 9781616354886 |
| ISBN-13 | : 1616354887 |
| Rating | : 4/5 (86 Downloads) |
Book Synopsis Malawi: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malawi by : International Monetary
Book excerpt: Malawi, a fragile state with one of the highest incidences of poverty, food insecurity and frequent weather-related shocks, has been severely affected by the pandemic. There are signs of gradual recovery and daily COVID-19 positive cases remain relatively low: real GDP growth in 2021 is projected to pick up to 2.2 percent from 0.9 percent in 2020 helped by a good harvest. However, inflation is expected to increase to 9 percent in 2021 from 8.6 percent in 2020, driven by increases in prices of fuel, fertilizer and food, leaving real per capita growth in the negative region.
