Landlocked Malawi ranks among the world's least developed countries. The economy is predominately agricultural, with about 90% of the population living in rural areas. Agriculture accounted for nearly 36% of GDP and 80% of export revenues in 2005. The performance of the tobacco sector is key to short-term growth as tobacco accounts for over 60% of exports. The economy depends on substantial inflows of economic assistance from the IMF, the World Bank, and individual donor nations. In late 2000, Malawi was approved for relief under the Heavily Indebted Poor Countries (HIPC) program. The government faces strong challenges, including developing a market economy, improving educational facilities, facing up to environmental problems, dealing with the rapidly growing problem of HIV/AIDS, and satisfying foreign donors that fiscal discipline is being tightened. In 2005, President MUTHARIKA championed an anticorruption campaign. Malawi's recent fiscal policy performance has been very strong, but a serious drought in 2005 and 2006 will heighten pressure on the government to increase spending.
2006-10-19 08:46:03
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answer #1
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answered by Monty 3
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I had never heard of Malawi until Madonna decided to buy that baby so they must not have any big import/export.
2006-10-19 08:46:19
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answer #2
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answered by Proud to be an American 4
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Madonna, husband & nanny - Imports
Baby David Banda - Export
2006-10-19 12:03:10
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answer #3
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answered by Dir33 4
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Look it up on the CIA World Factbook--it's a great resource for stuff like this for any country in the world.
https://www.cia.gov/cia/publications/factbook/geos/mi.html
Imports: food, petroleum products, semimanufactures, consumer goods, transportation equipment
Exports: tobacco, sugarcane, cotton, tea, corn, potatoes, cassava (tapioca), sorghum, pulses, groundnuts, Macadamia nuts; cattle, goats, sugar, sawmill products, cement, consumer goods
2006-10-23 07:11:21
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answer #4
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answered by lucybelle 3
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