The World Bank has said Malawi’s Gross Domestic Product growth will increase to 4.5 percent in 2017 from 2.5 percent in 2016.
The estimates are in the Malawi Economic Monitor (MEM) 6 which the bank released on Wednesday in Lilongwe.
The sixth MEM which is entitled Land for Inclusive Development was released together with Malawi Investment Climate and the Country Economic Memorandum.
The MEM says for Malawi to stay this course and prepare the way for a path to higher long-term growth, it needs to maintain and deepen macroeconomic stability, fiscal discipline, and debt sustainability.
“The country also needs a combination of a large boost in medium-term investments and deep structural reforms to strengthen conditions for the private sector. These reforms should include the availability of energy, and land reforms,” says the report.
The MEM acknowledges the recent passage of Land Laws as necessary to secure land rights, especially for women and vulnerable groups but it recommends improving the planning and management of land resources at central and local levels, as this has a potential to generate revenue.
Speaking at the event, Reserve Bank of Malawi Governor Dalitso Kabambe expressed gratitude over the reports saying they will among others assist Malawi on how to move forward in terms of boosting its economy.
“These reports are fair and are showing that we are coming from a very difficult time but am glad to say that we have stabilised our economy,” Kabambe said.
He was quick to mention corruption as well as cashgate scandals as main factors that disturbed the country’s economy.
According Kabambe, Reserve Bank with the help of the reports will therefore make sure that the county’s economy continues to stabilize.
In her remarks, World Bank Country Economist Priscilla Kandoole commended Malawi for improving its economy.
Kandoole asked people in authority to continue working hard and use some of policies outlined in the reports.
Which Economy is growing?plz musatitengele kokatiyesa ife a Malawi.
Munthu kupita kokagula tomato kumanyamula Saka la ndalama chifukwa chakugwa kwa kwacha
Malawi luthatu kumeneko kenaka atulutsa 1000 000 yogwirana
Lie.In Malawi, they doctor figures and hide the true economic reports.
A classic example is when someone woke up one morning thinking it was a Monday instead of a Sunday and hurriedly announced to change the nations flag andvwasvabout change the currency too claming that we were the fastest growing nation on the planet after Quatar.Hahaha.Many of you clapped hands.I didnt.A few others didnt too.
The World Bank is a pathological liar
In which way?
Growing tomato?
Zabodzazo
Economy growing, poverty growing which is which here lies ####
Tawelengani chizungucho.then answer pambuyo. osamangoyakha zosephana ndi khani.
Is world bank working under instructions too? Or they are given wrong data to compile these report. Don’t they use primary data collection techniques such as observation? What is it that we are producing that is improving GDP? Malawi leaders must be careful with where they are taking this country to.. Our agriculture is going doing and tobacco markets and systems are corrupt. Maize market is not available. Mining sector is in the hands of foreign investors. Our tourism industry is not given enough attention.. Anyway.. Only God know the truth about these reports!!!
worry not we will buy Malawi, pipo will be free
let’s make him like mugabe, he can’t see himself??
nthawi yovota yayamba kuwandikira,tinamizidweno sopano
Amalawi vuto lake mumazitenga ozindikira muli zixiru zenizeni…….kaya kungo amayi anu abambo anu ..agogo anu anazolowera kususa inuso mwat bas ndine osusa..zinaz guys mwafika nazo pa uchisiru..mutha kususa munthu akukuuzani kut awa ndimanyi ali apawa ..zisiru zenizeni…osamavomelexako bwanj zinaz….ndi bwino kunvesela kwambiri nd kuyankhula pang’ono…mwazindikira lit inu…ka certificate ka 4 kmweko?? Zausiru kumayikako osamakhala ansanje agalu inu..
Amalawi vuto lake mumazitenga ozindikira muli zixiru zenizeni..
Malawi economy is always stable on papers.we are used to your report.thank u
Ndiye wina aziti dziko silikuyenda bwino.
A Mikwamba kaimirireni uphungu ku DedZa basi mwanena za nzeru apa .kunena zoona titalimbikitsa ulimi ndikutsekula misika basi ma admark athu agwire ntchito ngati kale lija. Musaiwale tili ku Dedza timagulitsa mbewu zathu ku Lifidzi Admark.
Musani nyase
And you are saying will grow in 2017…mind you this is November2017 and we are remaining with a month
Kkkk cilungamo nthawi zina cimawawa Boma ilo.
Mugabe adanena zoona.Kuti azungu africa sayifunira za bwino.MwiNa boma wabwerako ngongoletu kumeneko.Nanga dziko lopanda magetsi chuma chingayende bwino.?Amagwetu.
Idiots
Kkkkkkk no comment
Really? How can a nation’s economy grow with massive blackouts? Dont lie.2019 malawians will tell you their mind
Worldbank don’t provoke Malawians
Kkkkkk kuti afike ponena zimenezi kafuku fuku waowoyo amapangira nyumba mwa president kapena kumisika yakumudziyi? Ine chomwe ndikuonako apa ndiuphawi okha okha basi
We must continue with austerity measures to improve further. Expenditure cuts, fight corruption, embezzlement, fraud. The times will bite the time will ease the pain.
We need europeans to rule dis nation for the better malawi. anthu akuda kma chigololo ndi kuba. Donald Trump sananame
Out of all people u have decided to quote Trump kkkkkk and this reasoning is of antiquity ase use ur brain.
nanga nditchule iwe popeza ngakhale neighbor wako wakuseli kwa toilet yakoyo samakuziwa popeza umachoka usiku kubwelanso usiku mbava iwe
No. There are a lot of thinkers who have beautiful idea and not this idiot. For your own information that was already said by Immanuel Kant nde if Trump did not acknowledge that, it is plagiarism. You can check that word(plagiarism) in ur dictionary kkkkkk
Zamanyazi
Unless dis nation led by europeans it wil be a better
Holy moly that’s a lie. Malawi is the worst thing that exists on this planet.
Wht f***c,,,,,,, oooh sh*****t ,,,
Musamat malawi economy, muziti peter muntharika economy is growing
eti eti prisca anthuwa nga bodza
sukunama
A country with no electricity muziti economy ilibwino?Ana a njoka inu.
Wise people from the west kkkkkk
Good news
Boza ili nde ndichani chomwe chasintha ngati chuma chakwela poti magesi nde akuzimabe
Is growing kanjani? R1 to K50 is it growing? Apa wantchito ameneyi achotsedwe basi. Chifukwa apa nde walitikita bodza amwene.
Thank God for that
Please Malawians don’t be cheated , These people are fooling this liar. The fact is there is no or little development taking place in this country. I recall Dr Hestings Banda used to preach that the backbone of this country is farming and he himself and his ministers were leading examples. But now things are totally different, this farming task has been left in the hands of small farmers who are facing with challenges low capital, high cost of farm inputs, political interference on farm inputs,luck of reliable markets just mention a few, while the president and his ministers are busy buying expensive cars instead of investing in farming activities to creat jobs for poor Malawians,and you stand tall and say that the Europeans are saying your economic is growing,yet nothing you are producing for export rather than importing maize flour from Zambia shame on you.
u r a liar my friend..and u r nt in malawi,,luk kamuzu built da m 1 road only and nt wide enough but nw here in chtpa we have a tarmac road. z dat NOT developmnt?
Bravo Mikwamba, well explained. Justice tarmac in Chitipa cannot affect GDP anymore. GDP thing deals with increase in exported goods which are produced locally. Can you export tarmar road to America,China, Europe? Moreover that tarmac road was already commissioned in the past what remained was the commencement of the project.
When did Malawi was rich? what i know is that the alleged time of MCP which they claim tha the economy was good, majority of the people were living at the extremely poverty to the point of that kalaliki yekha ndi amene amavala trauser lopanda zigamba, nyumba za malata pamudzi zinali za Agriculture zokha basi, so a’m wondering anthu akamati we are getting poor than before, can someone school me about that? is true magesi samkazima koma kwathuku samazima chifukwa magesiwo kunalibe
man you born gifted eeeeh mumatha
Koma nukumbukira ndimagwira ntchito kwa enake amandilipira 75t patsiku amandipatsa yochepera mk18 Koma ndalama imeneyi kupita kusika ndimabwera ndikatundu pakete la shuga 30t
kkk bra nkhan za azungu nzovta kwambiri
Malawi sanakhalepo olemera kuyambira kale kale, tivomereze basi.
kkk eti eti and azatha chncho
Ndipo sazatukukanso mpaka kale kale, unless azungu atabwereranso kuyamba kuyendesa boma ife zatikanika izi
eti eti hahahahahaha. mbava zokhazokha chisanzo ndipa zambia apa
Best comment of today
Eya Malawi sidakhalepo yolemera Koma yaleroyi yapambana yazaka zose zambuyomu inuyo panopa bola kufera koyenda taganizani thumba la cement mk11500 kaya mwina ku thyoloko athu akusangala
zikusitha man.taganiza amnzako ife thawi yakale timalephela kuwelenga ma books akusukulu kamba kosowa magesi.bola pano mukumati akuzimazima pomwe .pomwe ife sitinawaonepo
Fareed please greet ur English Grammar teacher for me. I beg
my friend sorry my english is poor, a’m just tyring
point taken tupo joseph
nkhan si grammar kma zomwe zakambidwazo english ndi mlendo ngakhale kwa angeleziko
Ulemu wanu man Fareed. You are a great man ndiochepa angayankhule mwanenazi keep trying bro ur not that bad. Anthu akupanga reply because akumva zomwe ukunenazo
Chingelezi nchobwela ichi
Economy growing in onions and tomatoes shame on you economists
Nonsense
Kkkkkkkk world plz we are tired with ur dreams stay away from poor Malawian osamatiseweretsa plz mitima idathodwa ndimavuto
Muntharika paid u to shit us with these lies,which economy is growing?we will take him out just like his brother mugabe,watch this space,his days are numbered
This is meaningless economy growth means affordable living costs these government officials are selfish.
domestic production increase. thats my topic today.
bomaaaaaa ilo
I sell tomatoes yes but wondigula ndiwababer shop,wogulitsa juice,madzi ,ufa ,koma onsewa blackout akungokhala agula ndani tomatoyo ndiye nkumati economy is growing za mmutu.
separate. u talking another chapter. not akukamba apazi.and u dont undernd domestic ps thats y u write wrong answer.
A tambala mwalandira zambiritu every comment ur there …kkkkkk.mavuto onsewa inu mkumati pa malawi zikuyenda wa babershop mene akumvera kuwawa plus ootcherera mulibe manyazi kumaikora kimbuyo mbuyanuyi ziganizireni ma
Kkkkkkkkk ati kuyetsetsa kuyeretsa chothimbirira. Malawi ikutumiza chani kunja kuti GDP ikakwere ndi ma blackout amenewa? GDP imakwera ngati dziko layamba kupanga ndi kutumiza katundu wambiri ku mayiko akunja. Musatinamize timazitsata nafe.
???? kkkkkk
Which economy are you talking about? Are you mad? You just think we are fools. You can talk of economy for those in high positions which growing up seeing Malawians passing through countless and millions of troubles and difficulties as if we don’t pay tax.
I now get your point: your economy is growing up indeed but not Malawi’s economy which is growing down.
If it is growing, why did you reverse your decision of coming up with that K5000 note?
And then, where is electricity?
Why is it that we youths suffer and just stay in homes after spending all that huge amount in our colleges and universities with diplomas and degrees in bags?
I think the reporter copied craziness from the investigator.
Malawi economy is growing basi nkumaoetsa tima anyezi matimati magetsi daily akuzima zaziiiiiiituuu
Mesa ndinu agrobased kkkkk. Ndakomoka
Iwe World Bank iwe uchindere cha.
World Bank should stop this nonsense. What micro and macro economic indicators are they using?
keep it up
Which Economy? ??
That’s stupid
Which economy? Which country? Which people? Visit the rural people and come back with an accurate report
Akunena izi si President wa dziko lino koma ”WORLD BANK..” This is only for those Malawians who got eyes to see the effort Government is puting up & aMalawi okhawo amene ali ndi mtima/umunthu owona zabwino zimene boma likuchita..! Congrats HE Prof. APM
chakt chanu amwene
iweyo ndi mmalawi kma?
amwene anthu adzakuphanii musadzayankhule zimenezo pagulu.
amwene anthu adzakuphanii musadzayankhule zimenezo pagulu.
Dont listen to the Europeans.. They are telling us what we want to hear!!! The Devil himself making all of us feel poor passive and divided!! Wake Up Africa
This shows that there are two Malawis in Malawi.
I think the report was compiled by people who were school mates,room mates, and work mates of this great liar called Peter Mutharika.Which nation have developed without electricity can this stupid thing called World Bank tell Malawians?
sungaone coz sumadzitsata your just a hater, ukhalira yomweyo zake zikuyenda.
Bola wamva,kaya mudyanawo I don’t care,kaya ndiwe cadet go to hell.
Thats amazing, an ordinary malawian is becoming poorer every day in the village and sm-one out there is sayn the economy is growng.
Zamanyazi tapitani kusika katundu akukwera mtengo tsiku ndi tsiku Ndiye wina akubwera ndimasazi kuti chuma chikuyenda bwino.
Fake World Bank, don’t overeat boss! They’re just busy with lies they know that their time is so near to go out.
With these stupid statements from IMF & WORLD BANK,thats why africa is not developing,ur jst coming from ur countries uko,then mphuno panire then kumayankhula zopusa kuti chuma chathu chiribwino! kupusa,fools! anthu tikuvutika heavy mmalawi ndipo kukhala pa malawi ndikulimba mtima!
Guys read something concerning ecomic growth and what GDP means in its strict sense osamangoyankhula
To:Mr Tupo Joseph Saidani
Can you tell us fully what GDP is all about? What are the indicators of a good GDP?
With well backing points can you tell Malawians five economic growth indicators of which 50-100% of Malawi’s population is benefit from them,Lastly if your are a DPP cadets you will tell us lies as your father Peter Mutharika used to.
kwanu akuyaka??
Hiiiiiiiiii!!!!!!!!!!!!!
How?
Enock Timiyipani Mtawali
Without electricity
Kkkkkkkkk are they mocking us
they are indeed mocking us
Misala siinasiye malo eti??? ndi ku World Bank komwe???…
kkkkkkk pajatu aliyense nd wamisala imangosiyana zochitochito.
Kkkkkk koma iweee
Kikikikiki
hahahahahaha kumene
Evil bank
yaaa I can agree but the big problem is that people are poor despite economic growth so its not good at a ll
You thieves dont cheat people
Nthawi zina tizimvako zimenezi keep it up Malawi 24! To me it’s a good news
That’s a very funny joke
These cooked stats have no meaning when people’s welfare remain unsatisfactory
Ili ndiye bodza,asaaa!kodi mumafuna muzindinamiza bwanji?kapena poti ndimakhala kumudzi?
How is it growing with persistent power outages? World bank- you can do better than turning yourselves into soothsayers!!! Malawians are neither asleep nor stupid – respect yourselves by being decent with us!!! If your economists are retirement age, send them to their homes!!! The last thing Malawians expect from the donor community is any attempt to corrupt their mindset!!! Stop this foolishness -you understand?
Inunso umbuli sukutherani
I don’t dignify idiots!!!
Anyamata odalila kpepha adzingokanda koma Kwa okhetsa thukuta apindula
Very very very true
Eish…Just On The Papers But Reality On Ground…Aaaaaaa…Mukufuna Muwatchukitse?
Ikonome yokudya makoswe…. chani?
But But Did They Hear About Chaponda Scandal?
kupanda zeru nanu wise pple accuse zofunika
Munthu Palibe Opanda Nzeru. Inu Mukudzitcha Anzeru Chifukwa Chakachizungu Kanu Mwalembako?
whatever but u knw wat i mean i knw malaawi has some problems but f something good happens appreceating is good then u shall be called wise person accusations come for apurpose
Hahaha Awatchura Bwanji Kuti Chuma Chawo Chili Bwino Komanso Chasutha Pamene Ife Okhala Mdziko Muno Tikuona Moto? Akutengera Ma Records Ammbuyo? Ndiziti Zomwe Mwaona Kuti Zili Bwino Pankhani Yazachuma Inu Anzerunu?
anenao they are xperts of the economy field nut u and i…………..so f u av no money government cant come and give u some work my friend hahahahahahaha
Hehehe…Come On Kuchita Bwino Pankhani Yazachuma Sitikutathauza Kt Adzitipatsa Ndalama Ayi. xperts Ndiye Yaninso? Akungokhala Nditimapepala Awo Uko Basi Ndiye Adzitipusitsa? Akati Chuma Chikuyenda Bwino Akutanthauzanji? Nzotheka Magetsi Kulibe? Osanamizidwa Inu Anzerunu!
hahahhaa i knew that yo issue is about electricity man but u av to understand this no onez responsible for this and f u followed the issue on percentages t z something that z good to hear according to the duration of this government despite kut ndine wa mcp
No Izi Sizandale Ayi. Ayi Musatchule Zadzipani. Nkhani Yazachuma Ndiyazandale Ndizosiyana Chabe Kuti Kwathu Kuno Akanganya Andale Ndiamene Amakhala Patsogolo Kusakaza Chuma Chadzikoli. Koma Azunguwo Asamatipusitse Pankhani Yazachuma Ayi.
inu mmafuna ati chan bro coz muonesa kut muthatu kupanga wanu kafukufuku
Liking tht for the first time,Frm there I hope there will be job or business creations and opportunities to the youths and the population as a whole
What Abig Motivation
Watch the space