LYCOS RETRIEVER
Malawi: Landlocked Malawi
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Malawi is a landlocked country in southeastern Africa, primarily known for its tobacco. At least 90 percent of the more than 12 million Malawians are farmers, typically with small spreads of less than one hectare (roughly 2.5 acres). At least one in five adult Malawians are infected with HIV/AIDS, often rendering them incapable of heavy farm work. Researchers discovered, though, that they could boost the farmers' health—and double their income—by simply digging a 200 square-meter (about 2,000-square-foot) pond on the property and stocking it with fish.
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Landlocked Malawi ranks among the world's least developed countries. The economy is predominately agricultural, with about 90% of the population living in rural areas. Agriculture accounted for nearly 40% of GDP and 88% of export revenues in 2001. The economy depends on substantial inflows of economic assistance from the IMF, the World Bank, and individual donor nations. In late 2000, Malawi was approved for relief under the Heavily Indebted Poor Countries (HIPC) program. In November 2002 the World Bank approved a $50 million drought recovery package, which is to be used for famine relief.
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Landlocked Malawi ranks among the world's least developed countries. The economy is predominately agricultural, with about 85% of the population living in rural areas. Agriculture accounts for about one-third of GDP and four-fifths of export revenues. The performance of the tobacco sector is key to short-term growth as tobacco accounts for more than half of exports. The economy depends on substantial inflows of economic assistance from the IMF, the World Bank, and individual donor nations. In 2006, Malawi was approved for relief under the Heavily Indebted Poor Countries (HIPC) program.
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In fiscal year 1989, Malawi received $19.7 million in development assistance, $24.6 million in food assistance under the P.L. 480 program and $60,000 under the military assistance program. In addition, $238,000 was spent under the International Military and Educational Training program. The increased amount under the P.L. 480 program ($18.9 million was provided in fiscal year 1988) reflects emergency assistance provided to the 750,000 Mozambican refugees now in Malawi. The total amount of assistance, though small in comparative terms, is important to a landlocked country with few natural resources; Malawi will spend $100 million in scarce foreign exchange this year to transport its tea, tobacco and sugar to South African ports.
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