The economy of Malawi, which was estimated to grow less than 2 percent in 2023, is set to grown by 3.3 percent in 2014, according to the International Monetary Fund (IMF). This is indicated by the report of IMF staff team led by Ms. Mika Saito and visited Malawi from January 22-26, 2024. “We discussed recent macroeconomic developments. Real GDP growth is projected to increase to 3.3 percent in 2024 from an estimated 1.6 percent last year,” said Ms. Mika Saito in a statement. “The discussions focused on recent macroeconomic developments and the implementation of macroeconomic adjustment and reforms committed under the Extended Credit Facility (ECF) arrangement approved on November 15, 2023.

Source: News Business Ethiopia January 26, 2024 14:49 UTC