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Malawi - Entrepreneurship Development and Drought Recovery Program (supplemental financing arrangement) (Английский)

The Government's Entrepreneurship Development and Drought Recovery Program Project aims at removing constraints that have inhibited private sector entrepreneurship and initiative. The core of the adjustment program is a set of specific policy reforms which will remove these contraints. To create an enabling environment for private sector entrepreneurs to respond and invest in physical capital, the program includes regulatory, administrative and policy measures to encourage investment by both small and large scale enterprises and extend trade reform to ensure an outward orientation of the private sector response. To promote access to financial capital for new clients and activities, the program focuses on increasing financial sector competition, including introduction of market-oriented monetary control instruments and open entry of new domestic and foreign institutions into banking activities. To broaden access to human capital and expand employment opportunities, the program includes the reorientation of public expenditures in favor of human capital combined with measures to improve functioning of labor markets. Also, a serious drought has affected the entire Southern African region. The Government has approached donor communities to meet additional maize import requirements to avoid widespread hunger and food insecurity in Malawi.

Подробная Информация

  • Дата подготовки документа

    1994/10/11

  • Тип документа

    Меморандум и рекомендации Президента

  • Номер отчета

    P6428

  • Том

    1

  • Total Volume(s)

    1

  • Страна

    Малави,

  • Регион

    Африка,

  • Дата раскрытия информации

    2015/01/16

  • Disclosure Status

    Disclosed

  • Название документа

    Malawi - Entrepreneurship Development and Drought Recovery Program (supplemental financing arrangement)

  • Ключевые слова

    drought;Agricultural Development and Marketing Corporation;balance of payment;post office savings bank;supplemental financing;Rural Credit;African Development Fund;privatization of public enterprise;external financing;Soil and Water Conservation;central government budget deficit;per capita consumption level;supply response;adjustment operation;poverty alleviation;severe drought;maize import;emergency food aid;poverty alleviation program;sustainable poverty alleviation;consumer price;weights and measure;food crop production;maize import requirement;interest rate structure;household food insecurity;world food programme;Foreign Exchange Reserve;foreign exchange account;restrictions on price;single party system;lack of autonomy;cash flow budget;gdp growth rate;consumption per capita;human resource development;private fixed investment;financial sector reform;letter of intent;poverty alleviation strategy;commitment to poverty;tight monetary stance;rate of inflation;foreign exchange holding;exchange rate policy;Exchange rate policies;delivery of service;medium-term expenditure framework;local private sector;national food security;maize market;donor support;Fiscal policies;government plan;fiscal policy;exchange system;adjustment program;maize supply;drought relief;medium-term macroeconomic;satisfactory progress;agricultural product;financial arrangement;fiscal discipline;export license;food import;grace period;school fee;supply shock;lending scenario;food deficit;high probability;inherent risk;planting season;adjustment credit;export revenue;press release;political transition;maize production;foreign investor;project financing;export volume;extreme weather;market support;cultivation technique;price stability;hybrid seed;price incentive;government control;operational procedure;credit system;credit availability;drought year;domestic trade;external aid;general elections;eligibility criterion;food supply;agricultural produce;external support;entrepreneurial activity;financial market;Labor Policies;labor policy;monetary expansion;financial resource;transition process;legal obstacles;tariff structure;real gdp;average cost;debt service;donor grant;drought crisis;maize purchase;donor pledge;financing requirement;tax base;administrative measure;fiscal revenue;repayment policy;land lease;market incentive;national saving;maize variety;monetary policy;domestic saving;economic diversification;food production;foreign bank;resource access;Bank Credit;liquidity position;intervention policy;drought-resistant crops;agricultural input;public research;extension service;improved service;drought preparedness;recovery rate;agricultural strategy;small-scale irrigation;maize hybrid;efficient supply;transition period;farm level;adjustment policy;Commitment Fee;credit balance;financing plan;fertilizer use;court action;largest defaulter;crop price;Credit policies;credit discipline;payroll deduction;credit default;repayment ability;credit policy;crop season;marketing arrangement;market force;fertilizer market;downward spiral;religious group;external funding;white maize;rainy season;dry spell;community base;cash crop;donor community;political parties;political party;food distribution;poverty issue;crop failure;macroeconomic stabilization;certified seed;commercial import;multiparty democracy;governance issue;regional drought;pervasive poverty;Financing plans;cubic feet;agricultural marketing;storage facility;logistical problems;internal distribution;drought assessment;multiparty elections;emergency situation;drought area;target consumer;banking system;financial stabilization;monetary discipline;adjustment process;external environment;humanitarian ground;employee wage;credit club;joint liability;commercial viability;Financial Stability;tax revenue;Tax Compliance;tariff revenue;sectoral priority;public expenditure;Labor Market;exchange reform;government expenditure;interbank market;budget system;audit covenant;fiscal framework;fixed exchange;market base;social issue

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