Malawi : Staff—Monitored Program

1MWIEA0012004 Image
Price:  $15.00

Release Date: © September, 2004
ISBN : 978-1-45182-796-5
Stock #: 1MWIEA0012004
English
Stock Status: On back-order

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Description

This paper examines the Staff-Monitored Program (SMP) for Malawi. The authorities have requested staff monitoring of their macroeconomic program for the 2004/05 fiscal year (June–July) with a view to establishing a performance track record that could lead to a new Poverty Reduction and Growth Facility (PRGF) arrangement. The main objectives of the SMP will only be achieved if the approved 2004/05 (June–July) budget is in line with the agreed budget framework and the monetary overhang is addressed. Structural measures under the SMP will focus on public expenditure management.




More publications in this series: IMF Staff Country Reports