IMF team in Malawi to review economic programmes

The International Monetary Fund (IMF) is in Malawi for two weeks to discuss the country’s economy with various stakeholders.The team led by the new Mission Chief to Malawi, Oral Williams, will discuss with the authorities about the IMF supported programme and the Extended Credit Facility (ECF).

Gondwe: Optimistic

Gondwe: Optimistic

“The team will also meet government officials, representatives of the business community, Civil Society Organisations and Malawi development partners on recent macroeconomic developments,” a statement by the IMF said.

Malawi’s Minister of Finance and Economic Development, Goodall Gondwe, said the government was optimistic that the discussions would help government tackle some of the economic challenges the country was experiencing.

“This is an opportunity for us to discuss some of our economic challenges, including the ECF, which is currently off the track,” he said.

He said the IMF and World Bank agreed that the ECF implementation should go on despite being off the track.

IMF approved a $156.6million ECF in 2012 and is supposed to phase out in 2015.

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5 thoughts on “IMF team in Malawi to review economic programmes”

  1. JANATU says:

    MAY GOD HAVE MERCY ON YOUR PEOPLE ( MALAWI ) AMEN AMEN !!!

  2. IMF should not dectate our monetary policy this is our country we have nothing to do with these clucks fuck you british and america with your nosense iðeas

  3. Andrew phiri says:

    To hell with ur unpatriotic comment its tym 2 pray 4 God’s intervention @ dis critical situation. God must help Mother Malawi. Amen.

  4. chimangeni chisewere ndi ana says:

    I wish you government officials all the best in the coming two weeks with IMF.

  5. fisi Gammar says:

    AGoodall koma mulimba ndimatama anu ajaaaaaaaaaaaaaaaaaaaaa- APM ALI PAFUPI MAVUTO -DPP MEANS dIESEL pETROL PALIBE COME DECEMBER MUZIGWIRA OSATI KUZIONA

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