IMF Staff Country Reports

Malawi: Request for an Extension of the Extended Credit Facility Arrangement-Press Release and Staff Report

Publication Date:

May 17, 2016

Electronic Access:

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Summary:

This paper discusses the Malawi authorities, request for a short extension (June 30, 2016) to their arrangement under the Extended Credit Facility (ECF) that is currently due to expire on May 22, 2016. The extension is needed to provide time for the authorities to implement two prior actions for completing the seventh and eighth reviews. These comprise the reconciliation of government bank accounts for the first half of FY2015/16 and another on preparing a report on the flow and stock of domestic arrears at end-2015.

Series:

Country Report No. 2016/124

Subject:

Central banks International reserves Macrostructural analysis Poverty Poverty reduction Public financial management (PFM) Structural policies Structural reforms