/ 30 March 1999

MALAWI’S GDP DOUBLES

MALAWI’S gross domestic product for the financial year ending July 1999 is expected to grow by 6%, up from 3,2% recorded in fiscal 1998. The National Statistics Office said the projected high growth stems from the rise in agricultural production, which will increase by 11,4%. This is expected to have a knock-on effect on other sectors including the distribution sector which is projected to rise by 3,8%.