The latest Monetary Policy Report for 2019 has shown that Malawi’s agriculture sector will increase by 2%, a slight improvement from 0.6% in 2018.

It is believed that if it was not for floods, other weather related constraints and pests, the improvement would have been bigger than estimated.

Agriculture is the most reliable factor to the economy of Malawi, making it one of the key players where exports are concerned. Therefore the 2% growth in Agriculture will contribute to rise in GDP as well.

In other news, the agricultural sector is expected to boom in 2018 as the Malawi Investment and Trade Centre (MITC) revealed a foreign market worth K400bn.