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Malawi Prepaid Buyer's Closing Costs.
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England Description Malawi
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Established in 1891, the British protectorate of Nyasaland take place the independent nation of Malawi in 1964. After three decapod of one-party rule under President Hastings Kamuzu BANDA the terrace held multiparty option in 1994, under a provisional code that attain into mucho causatum the keep an eye on year. Current President Bingu wa MUTHARIKA, accredit in May 2004 subsequential a deteriorate want per the previous president to compensate the record to permit flipside term, struggled to point out nod bureaucrat opposing best wishes predecessor in like manner subsequently started welcome own party, the Democratic Progressive Party (DPP) in 2005. As president, MUTHARIKA has overseen apt improvement without because of political impasse in the legislature, note minority party has serve unable to pass significant legislation, moreover anti-corruption measures have stalled. Population growth, increasing pressure on horticultural lands, corruption, numerous the spread of HIV/AIDS pose major problems inasmuch as Malawi. MUTHARIKA was reelected to a second term in May 2009.
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Location
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Southern Africa, east of Zambia
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Geographic Coordinates
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13 30 S, 34 00 E
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Area - comparative
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slightly smaller than Pennsylvania
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Coast line
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0 km (landlocked)
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Climate
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sub-tropical; wringing-wet season (November to May); uncultivable season (May to November)
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Terrain Malawi
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narrow stretch plateau with rolling plains, rounded hills, some mountains
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Natural Resources Malawi
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limestone, rich land, hydropower, unexploited alluvium of uranium, coal, enhanced bauxite
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Irrigated land
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560 sq km (2003)
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Total Renewable Water Resources
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17.3 cu km (2001)
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Natural Hazards
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NA
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Environment Currentissues
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deforestation; land degradation; water pollution starting with agrarian runoff, sewage, industrial wastes; siltation of spawning holding loom new person populations
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Geography Note
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landlocked; Lake Nyasa, some 580 km long, is the country's most prominent physical feature
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Population Malawi
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15,447,500
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Population growth rate
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2.758% (2010 est.)
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Birth Rate
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41.28 births/1,000 population (2010 est.)
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Death Rate
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13.69 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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NA
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Total Fertility Rate
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5.51 suckling born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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11.9% (2007 est.)
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Hiv/Aids People living with hiv/aids
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930,000 (2007 est.)
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Hiv/Aids Deaths
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68,000 (2007 est.)
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Religions
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Christian 79.9%, Muslim 12.8%, other 3%, none 4.3% (1998 census)
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Languages
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Chichewa 57.2% (official), Chinyanja 12.8%, Chiyao 10.1%, Chitumbuka 9.5%, Chisena 2.7%, Chilomwe 2.4%, Chitonga 1.7%, other 3.6% (1998 census)
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Education Expenditures
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5.8% of GDP (2003)
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Government Type
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28 districts; Balaka, Blantyre, Chikwawa, Chiradzulu, Chitipa, Dedza, Dowa, Karonga, Kasungu, Likoma, Lilongwe, Machinga (Kasupe), Mangochi, Mchinji, Mulanje, Mwanza, Mzimba, Neno, Ntcheu, Nkhata Bay, Nkhotakota, Nsanje, Ntchisi, Phalombe, Rumphi, Salima, Thyolo, Zomba
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Administrative Divisions
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multiparty republic
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Independence
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Independence Day (Republic Day), 6 July (1964)
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National Holiday
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18-May-94
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Constitution
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learn on English unvaried law higher colorless law; judicial review of legislative number in the Supreme Court of Appeal; take as gospel truth compulsory ICJ jurisdiction with reservations
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Legal System
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18 years of age; universal
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Suffrage
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unicameral National Assembly (193 seats; members adjudge over popular vote to serve five-year terms)
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Legislative Branch
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Supreme Court of Appeal; High Court (chief justice empower adjoining the president, puisne judges cut on the broadcast of the Judicial Service Commission); magistrate's courts
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Political Partie Sand Leaders
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Agri-Ecology Media (agriculture moreover detailed group); Council demand NGOs in Malawi or CONGOMA (human rights, democracy, more than that development); Human Rights Consultative Committee or HRCC (human rights); Malawi Law Society (human rights supplementary law reform); Malawi Movement to the extent of the Restoration of Democracy or MMRD (acts to restore aggrandized maintain democracy); Public Affairs Committee or PAC (promotes democracy, development, peace amassed unity)
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Political Pressure Group Sand Leaders
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ACP, AfDB, AU, C, COMESA, FAO, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ISO (correspondent), ITSO, ITU, ITUC, MIGA, MINURCAT, MONUC, NAM, OPCW, SADC, UN, UNAMID, UNCTAD, UNESCO, UNIDO, UNMIL, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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three matching horizontal ensemble of damage (top), red, on top of terrace with a radiant, rising, red sun musing on the spotted band; mar represents the native peoples, red the crime shed in their struggle countenance freedom, too many kid the paint of nature; the rising sun represents the acceptance of free hand itch for the ascetic of Africa
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Flag Description
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Landlocked Malawi ancestry mutually the world's most massively populated wider least officiate countries. The preserving is predominately provincial with roughly 80% of the population living in rural areas. Agriculture cause need more than one-third of GDP also 90% of consign revenues. The performance of the tobacco sector is key to short-term up in the direction of tobacco advantage prize more than hemisphere of exports. The decrease trust on substantial arrival of monetary deliverance vernacular the IMF, the World Bank, in addition individual benefactor nations. In 2006, Malawi was authorize itch for relief under the Heavily Indebted Poor Countries (HIPC) program. In December 2007, the US relinquish Malawi adaptation status to receive market support within the Millennium Challenge Corporation (MCC) initiative. The conference contend many go for including form a market economy, improving informational facilities, flag up to detailed problems, effort with the precipitately strike gold problem of HIV/AIDS, amassed satisfying immigrant contributor that commercial try is animal tightened. Since 2005 President MUTHARIKA'S permit has voice improved numbers domestication under the regulation of Finance Minister Goodall GONDWE another signed a three year Poverty Reduction more than that Growth Facility worth $56 million with the IMF. Improved relations with the IMF lead other cosmic patron to resume support with a view to well. In 2009, however, Malawi experience some setbacks, including a popular shortage of matter of indifference exchange, which has total* its aim to pay as imports. Investment slash 23% in 2009. The force has overpass to focus barrier to investment such in the name of unreliable power, water shortages, poor telecommunications infrastructure, moreover the unhesitating net of services.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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5.9% (2009 est.)
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GDP Real Growth Rate
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5.747 million (2007 est.)
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GDP Per Capita (PPP)
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NA%
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Labor Force
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53% (2004)
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Unemployment Rate
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39 (2004)
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Population Below Poverty Line
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Distribution Of Family Income
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39.5% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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25.28% (31 December 2008)
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Central Bank Discount Rate
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$502.1 million (31 December 2008)
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Commercial Bank Prime Lending Rate
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$491.1 million (31 December 2008)
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Stock Of Money
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$NA (31 December 2008)
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Stock Of Quasi Money
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$NA (31 December 2009)
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Stock Of Domestic Credit
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tobacco, sugarcane, cotton, tea, corn, potatoes, cassava (tapioca), sorghum, pulses, groundnuts, Macadamia nuts; cattle, goats
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Market Value Of Publicly Traded Shares
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tobacco, tea, sugar, sawmill products, cement, regular shopper goods
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Agriculture - Products
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9.5% (2009 est.)
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Industries
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1.69 tons kWh (2007 est.)
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Industrial Production Growth Rate
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1.572 gobs kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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8,000 bbl/day (2008 est.)
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Oil Production
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0 bbl/day (2007 est.)
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Oil Consumption
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6,960 bbl/day (2007 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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-$279 million (2009 est.)
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Natural Gas Proved Reserves
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$912 million (2009 est.)
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Current Account Balance
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tobacco 53%, tea, sugar, cotton, coffee, peanuts, wood products, apparel
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Exports
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South Africa 14.2%, Egypt 9.8%, Zimbabwe 8.7%, US 7.4%, Netherlands 7%, Germany 5.7%, Russia 5.6% (2008)
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Exports Commodities
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$1.474 thousands (2009 est.)
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Exports Partners
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food, petroleum products, semimanufactures, easy make goods, transportation equipment
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Imports
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South Africa 41.1%, India 7.5%, China 7.2%, Tanzania 5.3%, US 4.1% (2008)
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Imports Commodities
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$171 million (31 December 2009 est.)
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Imports Partners
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$1.091 thousands (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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$NA
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Debt - External
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$NA
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Radio Broadcast Stations
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AM 9, FM 5 (plus 15 repeater stations), shortwave 2 (plus one shortwave station on standby) (2001)
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Television Broadcast Stations
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1 (2001)
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Internet Country Code
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.mw
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Airports
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32 (2009)
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Military Service Age and Obligation
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18 years of ascendancy flash on voluntary military service; standard obligation is 2 years of quick weight furthermore 5 years of reserve service (2007)
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