This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Malawi and the IMF. Additional information can be found on Malawi and IMF country page, including official IMF reports and Executive Board documents in English that deal with Malawi.

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At a Glance 

  • Current IMF membership: 189 countries
  • Malawi joined the Fund in July 19, 1965; Article VIII (December 7, 1995)
  • Total Quotas: 69.40 Million (As of November 30, 2006)
  • Outstanding Purchases and Loans:
    ESF Arrangements SDR 34.70 million % of Quota 50.00
    ECF Arrangements SDR 70.02 million % of Quota 100.89
  • Last Article IV Consultation: The last Article IV Executive Board Consultation was on July 23, 2012. (Country Report No. 12/221 )

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Office Activities

  • Sub-Saharan Africa: Challenges for 2010

    Remarks by Ms. Antoinette Sayeh Director, African Department of the International Monetary Fund The Brookings Institution–November 19, 2009

    November 19, 2009

  • The World Must Not Forget Africa During This Crisis

    As the world struggles with the most serious financial turmoil of the post-war era, attention has focused on the advanced and emerging-market economies that are most immediately affected. But the impact on poor countries is far more severe.

    February 10, 2009

  • IMF to Assist Africa Hit Hard by Global Downturn

    "While the headlines have been dominated by the impact of the crisis on advanced economies and emerging markets, the crisis also poses a severe challenge for African countries, which the international community must not ignore," said IMF Deputy Managing Director Takatoshi Kato.

    February 3, 2009

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Regional Economic Outlook for Sub-Saharan Africa

Sub-Saharan Africa

April 2016

After an extended period of strong economic growth, many sub-Saharan African countries have been hit by a multiple of shocks—the sharp decline in commodity prices, tighter financing conditions, and a severe drought in southern and eastern Africa. Growth fell in 2015 to its lowest level in some 15 years and is expected to slow further to 3 percent in 2016. The growth performance, however, differs across countries, with most oil importers faring reasonably well. The region’s medium-term prospects remain favorable but many countries urgently need to reset their policies to reinvigorate growth and realize this potential. To this end, countries should adjust fiscal policies, and for those outside monetary unions, exchange rate flexibility, as part of a wider policy package, should also generally be part of the first line of defense. In the medium term, policies targeted at diversification and financial sector development could also strengthen resilience and boost growth.

Read the report

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Departmental Papers on Africa

Africa Departmental Papers Cover The Departmental African Paper Series covers research on Sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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IMF Opens Africa Training Institute in Mauritius

The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.