Malawi: Ex Post Assessment of Longer-Term Program Engagement

Volume/Issue: Volume 2004 Issue 389
Publication date: December 2004
ISBN: 9781451828030
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Public Finance , ISCR , CR , debt ratio , real GDP , balance of payments , exchange rate , private sector , public enterprise , government intervention , fiscal policy , maize operation , Government debt management , Public enterprises , Budget planning and preparation , Southern Africa

Summary

This report presents an ex post assessment of Malawi’s longer-term program engagement with the IMF. Given the length of the engagement, and the important political change that took place in the mid-1990s, much of this report focuses on performance during the programs supported by the 1995 Enhanced Structural Adjustment Facility and 2000 Poverty Reduction and Growth Facility arrangements. It provides an overview of economic developments, and reviews achievements and shortcomings in some key macroeconomic and structural areas. The role of the IMF in this process is also analyzed.