World Bank President David Malpass comments on debt cancellation
Last month, during the General Debate of the 75th Session of the United Nations General Assembly (UNGA), President Lazarus Chakwera called for debt cancellation, as..
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Mw Recieves K76.47 Billion To Ease Covid-19 Effects
The International Monetary Fund (IMF) Executive Board on Friday approved a $101.96 million (about K76.47 billion) support package aimed at relieving Malawi from Balance of..
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Authorities in Kenya investigates stolen Covid-19 donation
The Kenyan authorities are investigating the disappearance of medical equipment donated to help stop the spread of Covid- 19. The Personal Protective Equipment (PPE) from..
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Next IMF credit extension to consider Covid-19
The International Monetary Fund (IMF) says its next review mission of the three-year Extended Credit Facility (ECF), slated for September this year, will take into..
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IMF to assess Covid-19 impact on Malawi
The International Monetary Fund (IMF) says its next review mission of the three-year Extended Credit Facility (ECF) will also take into account the socio-economic impact..
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IMF approves debt relief for Malawi
The International Monetary Fund (IMF) has cancelled debt payments for six months for Malawi and 24 other poor countries due to the Coronavirus pandemic. Ms...
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World Bank warns on sub-Saharan Africa recession
The World Bank is projecting that sub-Saharan Africa will go into recession for the first time in a quarter a century as the Covid-19 pandemic..
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Govt Says Financially Stable to Pay Promoted Civil servants
Government said it has the financial muscle to support payment of salaries for its recently promoted civil servants. Within a period of a month, government..
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Malawi economic growth expected to rise by 7%
Malawi’s economic growth is being projected to rise by six to seven percent for the year 2019 with inflation hovering at eight percent, the IMF has..
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IMF Completes First Review of Malawi’s ECF Arrangement and Approves US$ 15.4 Million Expenditure
IMF Executive Board Completes First Review of Malawi’s ECF Arrangement and Approves US$ 15.4 Million Expenditure. Completion of the review enables Malawi to draw the..
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