Tag: International Monetary Fund

Malawi’s Top economist, civil society organization and development partners bang heads on how to fix the economy

Published on March 28, 2024 by Victoria Manjolo

Stakeholders gathered in Lilongwe for the High Level Dialogues and Hearing on Malawi’s Economic Recovery and Growth Conference. The meeting […]

5 things to know about Tanzania

Published on October 28, 2020 by Face of Malawi

Tanzania, which holds general elections on Wednesday, is a country rich in wildlife and mineral resources, whose fast-growing economy recently […]

Malawi speaking to International Monetary Fund to resolve budget deficit

Published on October 7, 2014 by Face of Malawi

Malawi has approached the International Monetary Fund to bankroll its budget deficit. The country recently passed a zero aid budget […]

Malawi sees annual inflation at 18%

Published on April 9, 2013 by FACE OF MALAWI

Malawi expects inflation to slow to an average of 18% this year, helped by a bumper crop and strong tobacco […]

Economic recovery will take longer – Nico Assets Managers

Published on March 20, 2013 by FACE OF MALAWI

A local financial services firm has said Malawi’s economic recovery will take longer than projected but remains optimistic about the […]

UDF’s Clement Chiwaya hits at JB over hunger

Published on February 27, 2013 by FACE OF MALAWI

United Democratic Front (UDF) Chief Whip Clement Chiwaya yesterday criticised President Joyce Banda and her administration for their stance on […]

Govt claims its cannot afford what civil servants are asking

Published on February 21, 2013 by FACE OF MALAWI

Malawi’s Finance Minister Ken Lipenga says government can ill afford a salary increase for civil servants as meeting their current […]

Kenya Airways cancels flights to Malawi

Published on February 20, 2013 by FACE OF MALAWI

Kenya Airways has cancelled flights to and from Lilongwe, Malawi indefinitely after striking state workers shut down the main airport. […]

Joyce Banda angers IMF

Published on February 19, 2013 by FACE OF MALAWI

An International Monetary Fund (IMF) mission that was in the country until yesterday has faulted the Malawi government for failing […]

Malawi misses IMF target on social spending

Published on February 19, 2013 by FACE OF MALAWI

An International Monetary Fund (IMF) mission that was in the country until yesterday has faulted the Malawi government for failing […]

IMF confident in Malawi reform programme, says Joyce Banda

Published on February 12, 2013 by FACE OF MALAWI

Malawi President Joyce Banda has said the global lender, the International Monetary Fund (IMF), now has confidence in the reform […]

Kwacha weakens to its lowest since 1993

Published on January 29, 2013 by FACE OF MALAWI

Malawi’s kwacha, the worst- performing currency this year, dropped to its lowest in almost a decade as the Southern African […]

Experts doubt ERP success

Published on January 28, 2013 by FACE OF MALAWI

ECONOMIC experts have expressed doubts that the Economic Recovery Plan (ERP), instituted by the Joyce Banda administration last year to […]

EIU pegs Malawi’s 2013 growth at 4.6%

Published on January 22, 2013 by FACE OF MALAWI

London-based Economist Intelligence Unit (EIU) says it expects the local economy to swell by 4.6 percent in 2013. The EIU […]

Don’t use NSO as scapegoat

Published on January 14, 2013 by FACE OF MALAWI

President Joyce Banda and her trusted lieutenants on economic reforms—Reserve Bank of Malawi (RBM) Governor Charles Chuka and Finance Minister […]

Top ten reasons to oppose the IMF

Published on January 11, 2013 by FACE OF MALAWI

What is the IMF? The International Monetary Fund and the World Bank were created in 1944 at a conference in […]

IMF expects Malawi’s economy to grow by 5.5% this year

Published on January 8, 2013 by FACE OF MALAWI

The International Monetary Fund (IMF) expects Malawi’s economy to grow by 5.5% this year, more than double the rate estimated […]

International Monetary Fund commits to the development of Malawi

Published on January 8, 2013 by FACE OF MALAWI

Christine Lagarde, head of the International Monetary Fund, arrived in Malawi on 5 January 2012 to assure support for the […]