IMF, Malawi in talks to fix economy

LILONGWE, May 24 (Xinhua) -- The International Monetary Fund (IMF) said its mission agreed with the Malawian authorities on new measures to restore macroeconomic stability in light of recent shocks.

In a statement released Thursday, the IMF projected the southern African country's growth rate at 2 percent, down from its earlier projection of 3.3 percent, acknowledging the effects of El Nino, which it said contin