IMF forecasts stable inflation beyond 2018 | The Times Group: By William Kumwembe:
The International Monetary Fund (IMF) has projected a solid downward trajectory of inflation beyond 2018, converging at 5 percent in the long term.
The Bretton Woods institution has since said it expects Malawi’s inflation to average 9 percent this year, in line with an earlier projection by Reserve Bank of Malawi (RBM).
IMF says it expects inflation to close at 9.5 percent by end of 2018.
The International Monetary Fund (IMF) has projected a solid downward trajectory of inflation beyond 2018, converging at 5 percent in the long term.
The Bretton Woods institution has since said it expects Malawi’s inflation to average 9 percent this year, in line with an earlier projection by Reserve Bank of Malawi (RBM).
IMF says it expects inflation to close at 9.5 percent by end of 2018.
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