Malawi greatly improved off bold reforms, says IMF | CPI Financial | CPI Financial News | Banking and Financial News,Islamic Business and Finance, Commercial Banking: "In a statement the IMF noted that bold economic reforms undertaken in mid-2012, namely the devaluation of the currency, the adoption of a floating exchange rate regime, the liberalisation of foreign exchange markets, and the introduction of an automatic fuel price adjustment mechanism transformed the policy environment and greatly improved the outlook of the economy."
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