Malawi, recent economic developments.

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Bibliographic Details
Imprint:	Washington, D.C. : International Monetary Fund, ©1997.
Description:	1 online resource (47 pages).
Language:	English
Series:	IMF staff country report ; no. 97/107 IMF staff country report ; no. 97/107.
Subject:	Finance, Public -- Malawi. Monetary policy -- Malawi. Economic history. Finance, Public. International economic relations. Monetary policy. Malawi -- Economic conditions. Malawi -- Foreign economic relations. Malawi -- Economic conditions -- Statistics. Malawi. Statistics.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12498172

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Other authors / contributors:	Fajgenbaum, J. (Jose) International Monetary Fund.
ISBN:	9781451827927
Notes:	Print version record.
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.
Other form:	Print version: Malawi, recent economic developments. Washington, D.C. : International Monetary Fund, ©1997

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