Malawi

We anticipate that growth will remain stable over the forecast period. However, despite the prospect of solid growth, the main problem remains the persistence of high fiscal deficits... 2004-10-08

In 2002, donors cut-off aid to Malawi in protest at the level of corruption. Fighting graft has now become the Holy Grail of politics, but as is typical of Malawi, personal rivalries... 2004-10-04

The IMF has cautiously stepped back with a shadow programme. BMI View: Malawi is held back by its politics, but could otherwise be quite successful. Change is happening, but the... 2004-10-04

A serious loss of fiscal discipline over the past two years has caused problems with the IMF. We expect some improvement in 2004, but that is far from certain. Tax evasion, corruption,... 2004-06-08

King Mswati III is Africa's last absolute monarch. There is a parliament, but opposition parties have been banned for 30 years. A new constitution has been drafted, but the final... 2004-06-08

Socio-economic conditions are deteriorating and the government is failing to cope with the situation. BMI View: The regime seems oblivious to the suffering and economic damage its... 2004-06-08

Ten years after the end of the Banda dictatorship, Malawians remain desperately poor. Despite substantial international technical and financial support, food security is tenuous,... 2004-06-08

The ruling party won the presidential election, but is not the largest party in the new parliament. BMI View: The fragmented nature of the polity and the constant shifting of allegiances... 2004-06-08

The economy's fortunes are largely dictated by the performance of the three main exports, tobacco, sugar and tea. In addition, the level of foreign aid is crucial. Large parts of... 2004-03-24