awi Socialist Labor Party (MSLP), Stanford SAMBANEMANJA
Member of: ACP, AfDB, C, CCC, ECA, FAO, G-77, GATT, IBRD, ICAO, ICFTU,
ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC,
ISO (correspondent), ITU, NAM, OAU, SADC, UN, UNAMIR, UNCTAD, UNESCO,
UNIDO, UPU, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in US:
chief of mission: (vacant); Charge d'Affaires ad interim Patrick
NYASULU (since 14 October 1994)
chancery: 2408 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 797-1007
US diplomatic representation:
chief of mission: Ambassador Peter R. CHAVEAS
embassy: address NA, in new capital city development area in Lilongwe
mailing address: P. O. Box 30016, Lilongwe 3, Malawi
telephone: [265] 783 166
FAX: [265] 780 471
Flag: three equal horizontal bands of black (top), red, and green with
a radiant, rising, red sun centered in the black band; similar to the
flag of Afghanistan, which is longer and has the national coat of arms
superimposed on the hoist side of the black and red bands
@Malawi:Economy
Overview: 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 accounts for 40%
of GDP and 90% of export revenues. After two years of weak
performance, economic growth improved significantly in 1988-91 as a
result of good weather and a broadly based economic adjustment effort
by the government. Drought cut overall output sharply in 1992, but the
lost ground was recovered in 1993. The economy depends on substantial
inflows of economic assistance from the IMF, the World Bank, and
individual donor nations. The new government faces strong challenges,
e.g., to spur exports, to improve educational and health facilities,
and to deal with environmental problems of deforestation and erosion.
National product: GDP - purchasing power parity - $7.3 billion (1994
est.)
National product real growth rate: 9.3% (1994 est.)
National product per capita: $750 (1994 est.)
Inflation rate (consumer prices): 30% (1994 est.)
Unemployment rate: NA%
Budget:
revenues: $416 million
expenditures: $498 million, including capital expenditures of $NA
(1992 est.)
Exports: $311 million (f.o.b., 1993 est.)
commodities: tobacco, tea, sugar, coffee, peanuts, wood products
partners: US, UK, Zambia, South Africa, Germany
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