Malawi’s Economic Outlook Favourable-IMF

By Manasse Nyirenda The International Monetary Fund (IMF) has given a positive economic outlook for Malawi after conducting discussions with the Malawi Government on the second review of the three year arrangement under the Extended Credit Facility (ECF) amounting to US$112.3 million. Mission Chief for Malawi, Pritha Mitra told journalists at Capital Hill in Lilongwe that Malawi’s performance under the program has been good in spite of Malawi missing end December fiscal target balance which it attributed to front…

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