Tag: ecf

RBM speaks out on Kwacha devaluation rumours

Published on September 11, 2024 by Robert Ngwira

The Reserve Bank of Malawi (RBM) has refuted reports circulating on social media that the International Monetary Fund (IMF) has […]

RBM devalues kwacha by 44 percent

Published on November 9, 2023 by Robert Ngwira

The Reserve Bank of Malawi (RBM) has devalued the kwacha by 44 percent effective today, November 9, 2023. Following the […]

Malawi passes IMF test in style

Published on September 21, 2023 by Robert Ngwira

Malawi has passed the International Monetary Fund’s (IMF) first test as the global lender has reached a staff-level agreement on […]

IMF team in Malawi

Published on May 25, 2022 by Robert Ngwira

The International Monetary Fund (IMF) mission team has arrived in the country for negotiations with government on the new Extended […]

IMF extends loan to Malawi under the Extended Credit Facility

Published on May 17, 2016 by Robert Ngwira

The International Monetary Fund (IMF) has approved an extension of Malawi’s arrangement under the Extended Credit Facility (ECF) to June […]

IMF DECLARES MALAWI’s ECF ON TRACK: RESUMES AID TO MALAWI

Published on March 24, 2016 by Robert Ngwira

The Democratic Progressive Party (DPP) under President Professor Arthur Peter Mutharika can now breathe a sigh of relief following an […]

IMF DELEGATES TO ARRIVE IN THE COUNTRY NEXT WEEK

Published on March 2, 2016 by Robert Ngwira

The ruling Democratic progressive Party (DPP) regime is set to go through another litmus test next week following the arrival […]

Forex bills were underestimated, Mutharika run the forex reserves dry

Published on December 29, 2012 by FACE OF MALAWI

The Ministry o f Finance has said the country’s outstanding foreign currency arrears accumulated due to lack of foreign currency […]

Forex bills were underestimated – Ministry of Finance

Published on December 24, 2012 by FACE OF MALAWI

The Ministry o f Finance has said the country’s outstanding foreign currency arrears accumulated due to lack of foreign currency […]

IMF warns Malawi on donor aid dependency

Published on July 30, 2012 by FACE OF MALAWI

The International Monetary Fund (IMF) has warned that unless Malawi weans itself off donor aid, the country faces an uncertain […]

Malawi’s buying power improving – Analysts

Published on July 28, 2012 by FACE OF MALAWI

Market analysts say the country’s foreign reserves are on their way to recovery owing to the resumption of the International […]