Inflation back to double digit – The Nation Online

Inflation back to double digit – The Nation Online: Malawi’s headline inflation inched up by 0.8 percentage points to 10.4 percent in November�as food prices continued biting hard, a development the Reserve Bank of Malawi (RBM)�says is still manageable.�

Published figures from National Statistical Office (NSO) show that food inflation stood at 17.2 percent in November while non-food inflation was seen at 5.5 percent in the review month.

IMF says 5% inflation target achievable | The Times Group

IMF says 5% inflation target achievable | The Times Group: The International Monetary Fund (IMF) has said Malawi could attain the five percent inflation target by 2021 if the system maintains a prudent economic management.

The Fund said the economy could even attain disinflation—a temporary slowing of the pace of price inflation by 2023.

Malawi’s headline quickened by 0.3 percentage points in August to 9.3 percent as escalating food prices continued to bite.

Economic fundamentals still stable, but risks rising - The Nation Online

Economic fundamentals still stable, but risks rising - The Nation Online

Economic fundamentals still stable, but risks 

rising 

Ephraim Munthali O July 2018 Comments 
 Malani's economic fundamentals remain stable generally despite a few setbacks and overall image/perception 
 issues that appear to be crowding out fairly positive news on economic stability. 
 Inflation is easing back to comfortable single digit levels after threatening to return to double digits in the first 
 quarter of the year. 
 In May this year, headline inflation retreated to 8.9 percent from 9-7 percent in April 2018, a much better position 
 than the 12.3 percent that was recorded at the same time last year. 

UPDATE 1-Malawi's president says economy to grow by 6 percent in 2019 | Reuters

UPDATE 1-Malawi's president says economy to grow by 6 percent in 2019 | Reuters: "UPDATE 1-Malawi's president says economy to grow by 6 percent in 2019
Reuters Staff

LILONGWE, May 4 (Reuters) - Malawi’s economy will grow by as much as 6 percent in 2019 from a 4 percent expansion expected in 2018, President Peter Mutharika said on Friday, in remarks ahead of the presentation of the national budget in parliament.

Malawi, which is heavily reliant on financing from foreign donors, mostly Britain, other European Union countries and the United States, has restored economic stability after a period when the siphoning off of funds by government officials led to donors freezing budgetary support in 2013."



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IMF Executive Board Approves US$112.3 Million under the ECF Arrangement for Malawi

IMF Executive Board Approves US$112.3 Million under the ECF Arrangement for Malawi: "The Executive Board of the International Monetary Fund (IMF) today approved a new three-year arrangement for Malawi under the Extended Credit Facility (ECF) for SDR78.075 million (about US$112.3 million), equivalent of 56.25 percent of Malawi’s quota in the IMF, to support the country’s economic and financial reforms. [1]

The Executive Board’s decision enables an immediate disbursement of SDR11.15 million (about US$16 million). The remaining amount will be phased over the duration of the program, subject to semi-annual reviews."



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IMF trims Malawi Growth forecast - The Nation Online

IMF trims Malawi Growth forecast - The Nation Online:



IMFtrimsMalawiGrowth forecast

Grace Phiri @ April 25, 2018 o Comments

The International Monetary Fund (IMF) has trimmed the country's GDP growth forecast for

2018 to four percent against government's forecast of 4-5 percent, a development analysts say

will lessen investor confidence and decrease private sector activity.

The new forecast is contained in the IMF April 2018 World Economic Outlook (WEO), which puts

Malawi alongside Tanzania, Ghana, Burkina Faso, Uganda, Botswana, Zambia, Cameroon,

Mauritius, Sierra Leone, Mozambique, Tunisia, Lesotho and Angola among economies with

deteriorating growth in their real gross domestic product (GDP) growth projection for 2018.





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Malawi inflation rate soars to 9.9 percent | Malawi 24 - Malawi news

Malawi inflation rate soars to 9.9 percent | Malawi 24 - Malawi news: "Malawi’s inflation rate rose to 9.9 percent in March from 7.8 percent in February.

The figures released by National Statistical Office (NSO) show that the inflation rate for March is the highest since July, 2017."



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Malawi's economy at risk of debt distress—IMF - The Maravi Post

Malawi's economy at risk of debt distress—IMF - The Maravi Post: "LILONGWE-The International Monetary Fund (IMF) has said authorities need to closely monitor debt dynamics, given the rapid speed at which debt stock is rising.


Recent studies have placed Malawi among countries, where debt is rising to risky levels.

IMF Resident Representative to Malawi, Jack Ree, told the Daily Times that the fund’s latest debt sustainability assessment has rated Malawi as a moderate debt risk country. He said, going forward, it would be critical for the government to manage fiscal policy prudently to consolidate gains made.

“A big part of this is to ensure that public debt remains sustainable and is deployed for good use.
“It would also require guarding against the risk of an over-building and ensuring that the debt is deployed to good uses,” he said.

Ree further said there is need to factor in recurrence of shocks, resulting from climate change."



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Growth prospects hang in balance - The Nation Online

Growth prospects hang in balance - The Nation Online:

Growth prospects hang in balance 

a Grace Phiri @ March 13, 2018 0 Comments 
 A latest Reserve Bank of Malawi (RBM) report showing that agricultural output will slump to 0.3 percent could be 
 a sign that government may have overstated GDP growth rate for this year. 
 Malawi government projects a gross domestic product (GDP) growth rate of between six and seven percent on 
 account of good performance in the agricultural sector which contributes about 30 percent to GDP. 





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Reserve Bank of Malawi targets 5% inflation | The Times Group

Reserve Bank of Malawi targets 5% inflation | The Times Group:



The Reserve Bank of Malawi (RBM) says it targets an inflation rate of five percent in the medium

The development comes when inflation inched up in January from 7.1 percent to 8.1 percent

following a rebasing process by the National Statistical Office.

In its sixth Monetary Policy Statement titled 'Sustaining Low Inflation Amidst New Risks' released

on Tuesday, RBM says the monetary policy stance during the first half of 2018 will focus on

entrenching disinflation and attaining the targeted five percent inflation in the medium term and

maintain a minimum of three months import cover of official foreign exchange reserves.





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Inflation rate drops to 8.3% - The Nation Online

Inflation rate drops to 8.3% - The Nation Online:




a Chikondi Chiyembekeza

O November 16, 2017


A Malawi's year-on-year inflation rate for October 2017 has

dropped by 0.1 percentage points to 8.3 percent from the previous

month's 8.4 percent, figures from the National Statistical Office

(NSO) released yesterday show.


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