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Malawi Recent Economic Developments

This paper examines economic developments in Malawi during 1993–97. Following a short recovery in 1993, Malawi’s financial situation deteriorated significantly in early 1994 as increasing problems of expenditure control ahead of its first multiparty elections and administrative problems in revenue c...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Credit
Commercial Banks
Tariffs
Tariff
Banks
International Trade Organizations
Public Finance & Taxation
Banks And Banking
Monetary Economics
Taxes
Financial Institutions
Trade Policy
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Trade: General
Exports And Imports
Mortgages
International Economics
National Government Expenditures And Related Policies: General
Expenditure
International Trade
Exports
Expenditures, Public
Banking
Taxation
Public Finance
Money And Monetary Policy
Imports
Malawi
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper examines economic developments in Malawi during 1993–97. Following a short recovery in 1993, Malawi’s financial situation deteriorated significantly in early 1994 as increasing problems of expenditure control ahead of its first multiparty elections and administrative problems in revenue collection led a large overall fiscal deficit mainly financed by the banking system. However, Malawi embarked, in early 1995, on an adjustment program designed to reestablish financial stability and set the basis for sustainable economic growth. Since then, the authorities’ efforts have led to a significant transformation of the Malawian economy
Physical Description:48 pages
ISBN:9781451827927

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