Malawi sees 2012 growth at 4.3%Comment on this story
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