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Malawi’s economy to grow 4.5% in 2021: Finance Minister

LILONGWE (The Southern African Times) – Malawi’s economy is likely to expand by 4.5% next year, Finance Minister Felix Lafiel Mlusu said in a budget speech on Friday.

Before the coronavirus pandemic struck this year, gross domestic product (GDP) in the small southern African nation was seen expanding around 5.1% in 2020. That forecast has since been revised to a 1.9% contraction.

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