The Malawi Nation paper's review of the economic talk in malawi
http://www.mwnation.com/business-news-the-nation/business-review/13300-in-search-of-keys-to-malawi-ailing-economy In search of keys to Malawi ailing economy Category: Business ReviewWritten by INNOCENT HELEMA. Agriculture remains the mainstay of the Malawi economy Malawi’s macroeconomic indicators; inflation, gross domestic product (GDP) and foreign exchange reserves are all in the red. This is certainly bad news for businesses and consumers. There have, however, been efforts by government such as the Economic Recovery Plan (ERP) to be implemented over 18 months with specific reforms on monetary policy, but experts have so far argued that this might be futile. The ERP, launched about two months ago, sets targets on inflation rate to single digit, import cover to the internationally recommended three months and annual growth rate of 5.7 percent by December 2013. In the long term, however, the ERP focuses on five sectors of energy, tourism, mining, agriculture, transport ...
