Flood Devastation Forces Malawi to Cut Growth Forecast for 2015 - Bloomberg Business: "(Bloomberg) -- Malawi’s growth in 2015 will fall short of the 5.8 percent projected at the beginning of the year because of the damage massive floods have caused to the country’s farming industry, said President Peter Mutharika.
“The damage caused by the flood disaster to the economy is estimated at 23.9 billion kwacha ($53 million), excluding the cost of the relief program currently underway,” Mutharika said Tuesday in his state of the nation address, broadcast from the capital, Lilongwe"
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