LILONGWE, July 3 (Reuters) - Malawi's economic growth is expected to slow to 7.9 percent in real terms in 2009 compared to 9.7 percent last year, while inflation should average 9.7 percent, Finance Minister Ken Kandodo said on Friday.
'Malawi's economy is projected to grow in real terms by 7.9 percent. The forecast is underpinned by expectations of strong agriculture production, imminent start of uranium production at Kayelekera and continued growth in service sectors such as telecommunications,' Kandodo said in a budget statement.
(Reporting by Mabvuto Banda) Keywords: MALAWI BUDGET/ (stella.mapenzauswa@thomsonreuters.com; +27 11 775 3161; Reuters Messaging: stella.mapenzauswa.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'Malawi's economy is projected to grow in real terms by 7.9 percent. The forecast is underpinned by expectations of strong agriculture production, imminent start of uranium production at Kayelekera and continued growth in service sectors such as telecommunications,' Kandodo said in a budget statement.
(Reporting by Mabvuto Banda) Keywords: MALAWI BUDGET/ (stella.mapenzauswa@thomsonreuters.com; +27 11 775 3161; Reuters Messaging: stella.mapenzauswa.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.