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Tuesday, January 14, 2020

World bank lowers 2020 growth to 4.8% – The Nation Online

World bank lowers 2020 growth to 4.8% – The Nation Online: The World Bank has projected that Malawi’s economy will grow by 4.8 percent this year, which is 2.2 percentage points lower than Malawi Government’s ambitious projection of seven percent.

The Bretton Woods institution’s projection is premised on weather shocks and political instability folowing the disputed May 21 Tripartite Elections whose presidential race outcome is being contested in court.

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