Malawi expects to see its GDP grow by 4.3 percent this year and 5.7 percent next year while inflation will remain in double digits, largely due to a recent devaluation of its kwacha currency, the finance minister told parliament on Friday.
The aid-dependent southern African nation's economy had been in a tailspin for about a year after its former president picked a fight with major donors that slashed the budget. The new government installed in April has worked to restore aid flows. - Reuters