Malawi : 2012 Article IV Consultation and Request for a New Arrangement Under the Extended Credit Facility: Staff Report; Staff Supplements; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Malawi.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2012/221

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic development--Malawi.

Economic development.

Monetary policy--Malawi.

Monetary policy.

Physical Description:

1 online resource (141 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Language Note:

English

Summary:

The Malawian economy is slowly recovering, thanks to corrective measures such as the floating exchange rate regime and liberated current account transactions. Stringent fiscal discipline, restrained monetary policies, and boosting of international reserves have been suggested as measures for controlling inflation and stabilizing the macroeconomy. Operation power and freedom for results-based management (RBM) and implementation of Malawi Growth and Development Strategy II (MGDS-II) are also suggested by the Executive Board. Measures to ensure revenue gain concurrent with spending have also been recommended.

Contents:

Cover; Contents; Executive Summary; I. Context: New Commitment to Tackle Macroeconomic Challenges; II. Recent Economic Developments; Boxes; 1. Main Recommendations of the 2009 Article IV Consultation; III. Medium-Term Framework; IV. Policies and Structural Reforms; A. Exchange Rate Policy and Regime; B. Fiscal Discipline to Support Exchange Rate Regime and Key Priorities; C. Enhancing Monetary Policy Effectiveness; D. Safeguarding Financial Sector Stability; E. Improving International Competitiveness; F. Data Quality and Dissemination Issues; V. Program Issues

2. Status of Implementation of Key Recommendations of 2008 FSAP ReportVI. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2009-17; 2a. Central Government Operations 2008/09-2016/17; 2b. Central Government Operations 2008/09-2016/17; 3a. Monetary Authorities' Survey, 2009-17; 3b. Monetary Survey, 2009-17; 4a. Balance of Payments, 2009-17; 4b. Balance of Payments, 2009-17; 5. External Financing Requirement and Source, 2009-17; 6. Proposed Schedule of Disbursements Under ECF Arrangement, 2012-15; 7. Indicators of Capacity to Repay the Fund, 2012-22; 8. Quantitative Targets

9. Structural Benchmarks, 2012-1310. Millennium Development Goals; Figures; 1. Real Sector Developments, 2006-17; 2. Fiscal Developments, 2007/08-2012/13; 3. Monetary Developments, 2007-12; 4. External Sector Developments; Appendices; 1. Letter of Intent; Attachments; I. Malawi: Memorandum of Economic and Financial Polices, 2012/13-2014/15; II. Technical Memorandum of Understanding (TMU); II. Real Exchange Rate Assessment; III. Malawi: Strategies for Financial Deepening; IV. External Competitiveness in a Regional Context; V. Joint IMF/World Bank Debt Sustainability Analysis; Annexes

I. Relations with the FundII. Joint Managerial Action Plan; III. Statistical Issues

Notes:

"August 2012."

Description based on print version record.

ISBN:

9781475513011

1475513011

9781475509731

1475509731

9781299264205

1299264204

9781475524819

1475524811