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Wednesday, June 22, 2011

Malawi's IMF programme 'off-track': official | The New Age Online

Malawi's IMF programme 'off-track': official | The New Age Online: "Malawi's IMF programme 'off-track':
The International Monetary Fund programme in Malawi has stalled over policy disagreements and the government's failure to conduct a required review, a fund official said on Tuesday.

IMF representative Ruby Randall was reported as saying that a second review of the $79.4 million (55.3 million euro) Extended Credit Facility approved last year to cushion foreign exchange shortages, was never conducted."

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