Thursday, April 25, 2024

Tag Archives: IMF Rapid Credit Facility

Business

IMF agrees to support Malawi with emergency credit

BY LOMDAKA BANDA The International Monetary Fund (IMF) has nodded to a request by the government of Malawi for a Rapid Credit Facility (RPF) meant to cushion the country of its economic shocks in the short term. Finance ministry spokesman Taurai Banda confirmed the development on Tuesday with the media, and said comprehensive details will be made public "in an...