Tag: Extended Credit Facility

Kabambe Condemns 44% Kwacha Devaluation as Reckless

Published on November 9, 2023 by Edgar Naitha

Former Reserve Bank of Malawi Governor, Dalitso Kabambe, has strongly criticized the recent 44 percent devaluation of the kwacha, deeming […]

Statement at the Conclusion of an IMF Mission to Malawi – Press Release

Published on July 16, 2014 by Face of Malawi

A team from the International Monetary Fund (IMF), led by Mr. Tsidi Tsikata, visited Lilongwe from July 7 to 15, […]

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 Executive Board Completes First Review Under the Extended Credit Facility for Malawi and Approves US$20 Million Disbursement

Published on December 20, 2012 by FACE OF MALAWI

The Executive Board of the International Monetary Fund (IMF) completed today the first review of Malawi’s economic performance under a […]

EU releases K17bn budget support

Published on December 14, 2012 by FACE OF MALAWI

The European Union (EU) has released K 17 billion as budgetary support to Malawi. This is the first tranche of […]

IMF team starts tour of duty

Published on November 4, 2012 by FACE OF MALAWI

A three day multi stakeholder’s conference on the Malawi economy started Friday in the capital Lilongwe with International Monetary Fund […]