IMF Archives

FND pens World Bank and IMF over K70 billion additional funding for SLWP

Apr 18, 2024 Mike Lyson Zgambo 0 &

The Forum for National Development (FND) has written a letter to the World Bank and International Monetary Fund (IMF) on its deep concerns regarding the financing and actions surrounding the Salima-Lilongwe Water Project (SLWP). The… ...

Joseph Mwanamvekha is a politician in Malawi who has served in various positions including as Member of Parliament and Cabinet Minister

Court relieves former finance minister Mwanamvekha in IMF case

Jan 11, 2024 Archangel Nzangaya 0 &

The High Court in Lilongwe has discharged former Malawi minister of finance Joseph Mwanamvekha from accusations of providing false information to the International Monetary Fund (IMF) regarding the Extended Credit Facility (ECF) after the state… ...

Malawi to get US$174m from IMF

Sep 21, 2023 Malawi24 Reporter 0 &

Malawi will get US$174m (about K192 billion) from the International Monetary Fund (IMF) after the financial lending institution and Malawian authorities reached a staff-level agreement on the Second and last Review of the Staff Monitored… ...

President Lazarus Chakwera with IMF first deputy manager Gita Gopinath

IMF says Malawi economy stabilizing under Chakwera

Sep 06, 2023 Chikondi Daza 0 &

The International Monetary Fund (IMF) has claimed that President Lazarus Chakwera's government is making efforts in stabilizing the country's economy. The IMF delegation led by first deputy manager Gita Gopinath hailed the country's efforts in… ...

Ken Lipenga and Goodall Gondwe, two former Malawi Finance ministers, sharing a glass of wine.

Goodall Gondwe: A personal tribute

Aug 14, 2023 Ken Lipenga 0 &

Every time I traveled to Lilongwe I made an effort to meet Goodall. He faulted me whenever I didn't. Red wine at his house. A lunch or dinner outing, at Four Seasons or some other… ...

Breaking: Former Malawi Finance Minister Goodall Gondwe has passed away

Aug 09, 2023 Malawi24 Reporter 0 &

Goodall Gondwe, the former Minister of Finance in Malawi, has passed away at the age of 86. Gondwe was born on December 1, 1936, and served as finance minister from 2004 to 2009. He was… ...

Malawi President Lazarus Chakwera is failing to lift the country's economy

The Fastest Growing Economies in 2023: Malawi misses out

Jul 16, 2023 Burnett Munthali 0 &

Worldwide India is expected to emerge as the fastest-growing economy in 2023, surpassing China and the United States. The International Monetary Fund (IMF) recently revised India's growth rate for 2023 to 5.9%, up from the… ...

Nigerian Prophet Tells African Leaders To Boycott IMF, Foreign Aid

Jun 25, 2023 Oluwatosin Issac 0 &

The leader of the INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has praised the President of Kenya, William Ruto, for his presentation at the recently concluded "Summit for a New Global Financing Pact" held in… ...

Azungu andidalira — Chakwera

Nov 22, 2022 Archangel Nzangaya 0 &

Mtsogoleri wa dziko lino a Lazarus Chakwera wati zomwe lapanga bungwe la IMF povomeleza kupeleka kudziko lino ndalama zokwana pafupifupi K90 billion, ndichisonyezo choti mabungwe akunja ayambiraso kukhulupilira dziko lino pansi paulamuliro wawo pakayendetsedwe ka… ...

IMF approves K91 billion for Malawi

Nov 22, 2022 Mwayi Mkandawire 0 &

The Executive Board of the International Monetary Fund (IMF) on Monday approved a disbursement of US$88.327 million (K91 billion) to Malawi under the new Food Shock Window of the Rapid Credit Facility to help Malawi… ...

Malawi to get funds from IMF

Oct 19, 2022 Malawi24 Reporter 0 &

The International Monetary Fund (IMF) has approved Malawi's request for a Rapid Credit Facility (RPD) ) which will help the country deal with forex challenges. The Lazarus Chakwera administration has been struggling to get funds… ...

Malawi still in talks with IMF – Gwengwe

Sep 14, 2022 Mike Kalumbi 0 &

Minister of Finance Sosten Gwengwe has disclosed that discussions with the International Monetary Fund (IMF) on the new Extended Credit Facility (ECF) are ongoing and what has been put on hold is an IMF Mission… ...

IMF dumps Malawi

Sep 13, 2022 Malawi24 Reporter 0 &

International Monetary Fund (IMF) managing director Kristalina Georgieva says debt unsustainability makes the IMF's entry into Malawi more difficult. The IMF has since halted talks with Malawi on the new Extended Credit Facility (ECF) over… ...

IMF concerned over Malawi’s debt levels

Jun 06, 2022 Malawi24 Reporter 0 &

The International Monetary Fund (IMF) says restoring debt sustainability and resolving the misreporting case are pre-requisites for approval of Malawi's request for a four-year Extended Credit Facility (ECF. An IMF team led by Mika Saito… ...

Kwacha yada

May 26, 2022 Malawi24 Reporter 0 &

Kwacha aithyola kholingo, aikang’antha, aichotsa chimbenene, aikong’ontha, aichosa mphamvu. Banki yaikulu ya Reserve yanena lero kuti yachepetsa mphamvu ndalama ya Kwacha ndi ma pelesenti 25. Izi zikutanthauza kuti wani dollar ya ku America yomwe lero… ...