This report provides an update on the short-term impacts of COVID-19 on the Malawian economy in light of the sharp increase in COVID-19 cases in December 2020 and January 2021.

This paper has been written for the 2020 ECAMA Lakeshore Conference. It extends and updates the initial results of modeling undertaken by IFPRI to assess the short-run impacts of COVID-19 control measures on the Malawian economy.