Malawi charts new economic course: IMF

Workers at the Project Peanut Butter factory label containers of Plumpy’nut Chiponde, Malawi
© Jaspreet Kindra/IRIN

After a period of high growth between 2007 and 2010, Malawi's economic situation took a turn for the worse, according to the International Monetary Fund (IMF).

The IMF attributes this to a combination of low tobacco exports, poor economic policies and the country's tumultuous political situation.

With a new administration in place since April, the IMF says Malawi has been enjoying renewed stability and recently granted the country a loan of over $150 million.

For more on Malawi's economic outlook, the IMF's Lika Gueye spoke to Tsidi Tsikata, the fund's Mission chief for Malawi.

Duration: 2’29″

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