Manufacturing to jump in 2019 | The Times Group: The Reserve Bank of Malawi (RBM) says it expects strong growth in the manufacturing sector buoyed by a strong performance in the agriculture sector this year.
Overall, the central bank remains optimistic of a positive economic outlook.
RBM maintains its projection that real Gross Domestic Product (GDP) growth would rebound to 5.0 percent in 2019 from 4.0 percent estimated in 2018.
The International Monetary Fund and the World Bank, however, slashed Malawi’s GDP growth to 4.5 percent and 5 percent, respectively.
Overall, the central bank remains optimistic of a positive economic outlook.
RBM maintains its projection that real Gross Domestic Product (GDP) growth would rebound to 5.0 percent in 2019 from 4.0 percent estimated in 2018.
The International Monetary Fund and the World Bank, however, slashed Malawi’s GDP growth to 4.5 percent and 5 percent, respectively.
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