World bank cuts growth to 4.5% - The Nation Online: The World Bank has slashed Malawi’s gross domestic product (GDP) growth rate for 2019 to 4.5 percent from 4.7 percent largely due to the impact of floods that affected the country in March this year.
The revision comes six months after the bank projected a 4.7 percent growth in January while the International Monetary Fund (IMF) had put Malawi’s growth projection at five percent from an earlier projection of 4.1 percent.
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