Saturday, May 11, 2024

Tag Archives: Wilson T. Banda

FeatureNational

Malawi passes IMF first test for extended credit facility

Malawi has successfully completed the second and final phase of evaluation by the International Monetary Fund (IMF), leading to the establishment of a staff-level agreement concerning the review of the Staff Monitored Programme with Executive Board Involvement (PMB). As a result of this achievement, Malawi is set to receive $174 million (equivalent to approximately K195 billion) through a new 48-month...