EIU upbeat on economy, outlines possible risks

 Grace Phiri  March 20, 2019 0 Comments

The Economist Intelligence Unit (EIU) has said this year’s expected recovery in the agricultural sector and a relatively high level of government spending will lift economic growth to 4.1 percent, with the rate expected to fall in 2020.

In its March 2019 Country Analysis, the EIU, a British business unit within the Economist Group providing forecasting and advisory services through research and analysis, says it expects an average annual growth rate of 4.3 percent between 2021 and 2022

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Industry skeptical on 2019 GDP growth | The Times Group

Industry skeptical on 2019 GDP growth | The Times Group: t a time Capital Hill and the African Development Bank have predicted robust economic growth in 2019, the Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has said it is skeptical on GDP growth this year. In a Fourth Quarter Economic Report released on Friday, MCCCI says growth for 2019 may be subdued by intermittent power supply and weak performance of the industry sector.

WB, govt differ on 2019 growth projections - The Nation Online

WB, govt differ on 2019 growth projections - The Nation Online: Contradictions have risen over Malawi’s 2019 projected real gross domestic product (GDP) growth government projecting the economy to register a growth rate of seven percent while the World Bank pits growth at 4.3 percent.

The bank has further said growth is expected to decelerate by to 5.3 in 2020 and 5.5 in 2021, declining by 0.2 and 0.4 basis points respectively

AfDB puts Malawi growth at 5.5 percent in 2019 - The Nation Online

AfDB puts Malawi growth at 5.5 percent in 2019 - The Nation Online: AfDB puts Malawi growth at 5.5 percent in 2019
Orama Chiphwanya January 21, 2019 0 Comments
The African Development Bank (AfDB) has projected that Malawi’s five percent economic growth in 2018 and 5.5 percent in 2019 is more positive, given the stable economy, though the country remains vulnerable to external shocks and fiscal slippages.

The forecast, contained in this year’s flagship publication of the African Economic Outlook (AEO) released by the bank Thursday, is slightly higher than government’s forecast of 4.5 percent in 2018.

National Bank of Malawi says economic outlook uncertain | The Times Group

National Bank of Malawi says economic outlook uncertain | The Times Group: "Malawi Stock Exchange (MSE)- listed National Bank of Malawi (NBM) has said the country’s economic outlook remains mixed and murky despite registering improvements in some key indicators.

The country’s biggest bank by assets said the viewpoint mainly hinges on the prevalent power crisis which continues to cripple the private sector.

NBM Chairman, George Partridge, said this in Blantyre on Friday on the sidelines of the bank’s 46th annual general meeting (AGM)."



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