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Malawi, a country slightly smaller than Pennsylvania is located in Southern Africa east of Zambia. It has a population of 12,158,924. Population estimates take into account the effects of excess mortality due to AIDS; which results in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2005 est.).
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 40% of GDP and 88% of export revenues in 2001. The performance of the tobacco sector is key to short-term growth as tobacco accounts for over 50% 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, the anticorruption campaign championed by President MUTHARIKA may help encourage investment and economic growth. (This information is taken from The World Factbook, produced by the CIA.) |