Managing debt critical for next Extended Credit Facility —IMF | The Times Group

Managing debt critical for next Extended Credit Facility —IMF | The Times Group:



Managing debt critical for next Extended Credit

Facility —IMF

Posted By: William Kumwembe on: January 30: 2018 In: Business No Comments

The International Monetary Fund (IMF) has said it will maintain its focus on seeing the Malawi

government putting a tight lid on its debt dynamics before an agreement on the next Extended

Credit Facility (ECF) programme.

IMF Resident Representative, Jack Reel said this will help to avoid the danger ot debt

snowballing.





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IMF mission team in early 2016, to review Malawi’s ECF performance | The Times Group

IMF mission team in early 2016, to review Malawi’s ECF performance | The Times Group: "An International Monitory Fund’s (IMF) mission team is expected in Malawi within the first quarter of 2016 to review the country’s economic trends and evaluate its performance in line with the Extended Credit Facility (ECF) programme.

The team will determine Malawi’s fate on whether to resume the US$150 million ECF programme with the fund which was declared off-track in September following the government’s failure to meet agreed targets."



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Lipenga asks for additional financing to boost reserves

Lipenga asks for additional financing to boost reserves: "Lipenga asks for additional financing to boost reserves
MONDAY, 22 APRIL 2013 10:03 TAONGA SABOLA IN WASHINGTON DC

Finance Minister Ken Lipenga has asked the International Monetary Fund (IMF), the World Bank and other cooperating partners to consider pouring additional financial resources into the country to help stabilise the rocking economic boat."

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Malawi: Paying the Price of Devaluation | Think Africa Press

Malawi: Paying the Price of Devaluation | Think Africa Press: "Malawi: Paying the Price of Devaluation

Malawi is facing unrest amidst rising prices and falling living standards. Is the hope that was once invested in President Banda running out?"

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Malawi, IMF agree new reform policies

Malawi, IMF agree new reform policies: "Malawi, IMF agree new reform policies
FRIDAY, 16 NOVEMBER 2012 10:29 GABRIEL KAMLOMO AND THOM KHANJE
The International Monetary Fund (IMF) has said its mission that was in Malawi over the past two weeks has reached staff-level understandings with the Malawi government on policies for completing of the first review of its programme with the country.

The new policies include the scope of tightening monetary and fiscal policies to stabilise the exchange rate and contain inflation, IMF Mission Chief for Malawi Tsidi Tsikata told a press briefing in Lilongwe on Thursday"

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