The third Malawi Economic Monitor (MEM) by World Bank has underline that development of a better system to mitigate agricultural shocks while continuing fiscal discipline will set Malawi on an economic growth recovery path in 2017.
MEM titled Absorbing Shocks, Building Resilience released on Wednesday in Lilongwe notes that Agriculture which is the country's backbone continues to face risks associated with the drought, flooding, disease, price volatility, and low levels of on-farm adoption of risk management practices and technologies and that these have all contributed to volatile and often negative rates of agricultural GDP growth.
