(Adds details)
BLANTYRE, Feb 2 (Reuters) - Malawi's central bank has
kept its benchmark lending rate at 18%, it said on Thursday.
"The economic outlook has materially improved, after a
sharper-than expected slowdown last year, due to the expected
recovery in the agricultural sector and an improvement in (the)
policy environment," the Reserve Bank of Malawi said in a
statement.
Inflation has also begun to moderate after several
months of consecutive uptick, but it remains high and
significantly above the target, it added.
(Reporting by Frank Phiri; Writing by Nellie Peyton; Editing by
Alexander Winning)
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