TY - BOOK ID - 84546111 TI - Malawi : Staff Report for the 2004 Article IV Consultation. PY - 2004 SN - 1462347320 1451998988 1280977167 9786613748775 1452794189 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Fiscal policy KW - Monetary policy KW - Food supply KW - Monetary management KW - Economic policy KW - Currency boards KW - Money supply KW - Tax policy KW - Taxation KW - Finance, Public KW - Government policy KW - Malawi KW - Dziko la Malaŵi KW - GOM (Malawi) KW - Ma-la-wei KW - Malaui KW - Malavi KW - Maraui KW - Republic of Malaŵi KW - República de Malawi KW - Republik Malawi KW - Малави KW - マラウイ KW - Nyasaland KW - Commercial policy. KW - Economic conditions. KW - Budgeting KW - Financial Risk Management KW - Public Finance KW - Agriculture & Food Policy KW - National Government Expenditures and Related Policies: General KW - Debt KW - Debt Management KW - Sovereign Debt KW - National Budget KW - Budget Systems KW - Agricultural Policy KW - Food Policy KW - Fiscal Policy KW - Taxation, Subsidies, and Revenue: General KW - Public finance & taxation KW - Finance KW - Budgeting & financial management KW - Poverty & precarity KW - Macroeconomics KW - Expenditure KW - Debt relief KW - Budget planning and preparation KW - Food security KW - Asset and liability management KW - Public financial management (PFM) KW - Poverty KW - Revenue administration KW - Expenditures, Public KW - Debts, External KW - Budget KW - Revenue UR - https://www.unicat.be/uniCat?func=search&query=sysid:84546111 AB - This 2004 Article IV Consultation highlights that Malawi's real GDP grew by an annual average of 3 percent in 2002–03. Agricultural production rebounded from the drought in 2001, but the 2004 harvest was affected by a drought. Macroeconomic imbalances, high interest rates, and infrastructure constraints have adversely affected the non-agricultural economy. Malawi’s performance under the Poverty Reduction and Growth Facility (PRGF) arrangement, approved in December 2000, was disappointing. The authorities have requested IMF staff to monitor their economic program to establish a track record that could lead to a new PRGF arrangement. ER -