Malawi on Road to Recovery, President Tells VOA 1 234 567

Malawi on Road to Recovery, President Tells VOA

voanews.com

Malawi is on the road to recovery after years of drought, floods, poor crops and budget deficits, the country’s president has told VOA.

This year, the economy could grow by 5 percent, said President Peter Mutharika, nearly double the 2.7 percent growth recorded last year. And the inflation rate is just over 9 percent – the first time in seven years it’s been a single-digit figure.

Malawi remains one of the world’s poorest countries, according to the International Monetary Fund, with...

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