The International Monetary Fund (IMF) had predicted that Malawi’s economy would grow by 4.1 percent, but has reviewed this to 5%, citing an expected bumper yield and an improvement in electricity supply.
IMF Mission Chief for Malawi, Pritha Mitra expressed the economic outlook as favorable with likelihood of continued growth. “The economic growth could rise to 6-7%, driven by infrastructure projects, electricity generation and crop diversification”
Minister of Finance, Goodall Gondwe, was very optimist, such that he predicted that the economic growth would shoot to 9% which is even higher than the governments estimate.