Malawi President Mutharika addresses the 72nd United Nations General Assembly at U.N. headquarters in New York
LILONGWE (Reuters) - Malawi's economic growth for this year is likely to exceed 5.5 percent, President Peter Mutharika said in a speech on Friday.
Speaking shortly after the president's speech, the country's Finance Minister Goodall Gondwe told Reuters the expansion would beat a forecast of 5 percent GDP growth given by the International Monetary Fund earlier this year.
Gondwe said the growth in a country where agriculture is a pillar of the economy was driven by continued favourable weather conditions and a bumper crop of 3.5 million tonnes of maize in 2017 up from last year's 2.4 million tonnes.
(Reporting by Mabvuto Banda; Editing by James Macharia)
© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.