IMF: Malawi's Economic Backsliding, Uprisings Cause For Concern - WSJ.com: "OHANNESBURG (Dow Jones)--The International Monetary Fund said it is 'sad and concerned' that Malawi's economy seems to be moving backwards.
Last week, 19 people were killed after police opened fire to quell looting and protests against President Bingu wa Mutharika. Thousands of protesters accused Mutharika of mismanaging the economy which has led to acute fuel shortages, and of trampling on democratic freedoms.
'We feel very disturbed that Malawi has taken this turn,' Janet Stotsky, the IMF mission chief for Malawi, told Dow Jones Newswires in a telephone interview from Washington, D.C."
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