Middle income status possible—commission – The Nation Online

Middle income status possible—commission – The Nation Online: National Planning Commission (NPC) says Malawi is poised to attain a middle income status in the next 15 years if it manages population growth.

In an interview on Tuesday, NPC director general Thomas Chataghalala Munthali, commenting on the significance of containing the current population growth rate, said much as there is no one figure that can define the right population, having population growing more than the economy can provide for is a huge challenge for the country.

AfDB approves Malawi’s economic strategy - Vanguard News

AfDB approves Malawi’s economic strategy - Vanguard News: The African Development Bank has approved its Country Strategy Paper for Malawi for 2018-2022 to boost economic diversification, reduce dependency on rain-fed agriculture and build resilience for growth in the southern African nation. The Country Strategy Paper will guide the African Development Bank’s operations in Malawi with regards to its financial, technical and knowledge assistance to the country.

Economist Intelligence Unit projects economic slowdown | The Times Group

Economist Intelligence Unit projects economic slowdown | The Times Group:





Economist Intelligence Unit projects economic

slowdown


The Economist Intelligence Unit (EIU) says it expects the local economy to swell by 4.1 percent in

2017, down from 4.4 percent in 2017.

According to Nico Asset Managers' February 2018 Economic Brief, ElU's downward revision

emanates from the likely reduction in maize output this season, expected slow growth in tobacco

production and the industrial secto, which is unlikely to emerge as the key driver of growth due to

stiff competition on the international market.


'via Blog this'

Authorities weigh in on economic growth | The Times Group

Authorities weigh in on economic growth | The Times Group:





Authorities weigh in on economic growth

Posted By: Grace Thipa on: January 26, 2018 In: Business No Comments

Economic think tanks are projecting the Malawi economy to grow between five and 5.5 percent in

2018 riding on the back ot continued availability of food and prudent fiscal expenditure, among

other factors.

The International Monetary Fund (IMF) nas put growth in Gross Domestic Product at five percent

this year but nas said the tigure may change atter periodic statutory consultations with member

countries, a process that is expected to start next week.





'via Blog this'

Bank of Malawi projects 5.6% GDP growth in 2017 | The Times Group

Bank of Malawi projects 5.6% GDP growth in 2017 | The Times Group: "Bank of Malawi projects 5.6% GDP growth in 2017
Posted By: William Kumwembeon: January 04, 2017In: BusinessNo Comments
The Reserve Bank of Malawi (RBM) expects the economy to rebound in 2017 forecasting domestic economic activity to grow by 5.6 percent.

In 2016, RBM projected the economy to grow by 5.1 percent but later revised growth to 2.9 percent."

'via Blog this'

Malawi: Economic Developments 2015 | Afribiz.info

Malawi: Economic Developments 2015 | Afribiz.info: "Malawi’s economy continued to recover from the contraction in GDP experienced in 2012 as a result of slippage in macro-economic policies and withdrawal of budgetary support by development partners (DPs) over governance concerns, which precipitated an acute shortage of foreign exchange and fuel, crippling the economy. In 2014, the country’s economy is estimated to have grown by 5.7%, supported by strong expansion in agricultural and manufacturing output, construction, wholesale and retail trade, and services."



'via Blog this'