Investment spending  shrinks—world bank

Investment spending  shrinks—world bank

For four years running, Malawi’s gross fixed capital investment, a measure of the net additions to a country’s fixed assets, has contracted, a development commentators say points to failure to support future production and economic growth. The World Bank says the gross fixed capital investment, intended for use in production for more than one year, includes items such as machinery, equipment and structures as well as land improvements. Published…