Malawi : Poverty Reduction Strategy-Annual Progress Report: Joint Staff Advisory Note

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Price:  $15.00

Release Date: © August, 2005
ISBN : 978-1-45182-808-5
Stock #: 1MWIEA2005003
Stock Status: On back-order

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This paper examines the Annual Progress Report on Malawi’s Poverty Reduction Strategy. Malawi could not reach its macroeconomic targets owing mainly to expansionary fiscal policies, which resulted in higher-than-envisaged domestic debt, interest rates, and inflation. The authorities aim to reduce the government’s domestic debt to free fiscal resources for development expenditures and ease credit costs for private sector-led growth. The University of Malawi undertook several activities meant to increase access and equity and to reduce reliance on government subventions.

More publications in this series: IMF Staff Country Reports