02003cas a2200241 a 4500 AALejournalIMF016880 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498318228 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Malawi : Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers for NonObservance of Performance Criteria, Extension of the Arrangement, Augmentation of Access, Modification of Performance Criterion, and Rephasing of Disbursements-Press Release; Staff Report; and Statement by the Executive Director for Malawi. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (111 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper provides a review of the economic performance of Malawi under the program supported by an Extended Credit Facility (ECF) arrangement. Malawi's economy has been hit hard by weather-related shocks for a second consecutive year, further weakening growth and worsening food insecurity. Growth is estimated to have declined from 5.7 percent in 2014 to 3 percent in 2015 and is projected to drop further to 2.7 percent this year. Under the ECF program, the macroeconomic framework in the near term will be anchored on a policy mix incorporating a tight monetary stance and a level of domestic fiscal financing consistent with disinflation. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/182 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/182/002.2016.issue-182-en.xml IMF e-Library