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ECONOMY: Malawi (MRB Nov 2001): Higher growth based on tobacco.
Increased tobacco production and prices are expected to lift economic growth in Malawi to 4.2 percent in 2002 and 4 percent in 2003, the London-based Economist Intelligence Unit (EIU) said in an update. It said that greater fiscal discipline and a larger maize crop should help inflation ease to an average 24.8 percent in 2002 and 17.3 percent in 2003.
The EIU added that the economic policy would continue to be strongly influenced by the need to satisfy donors, with the interim Poverty Reduction Strategy Paper published in August last year continuing to be part of ...
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