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.

Malawi and the IMF Country Page

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Office Activities

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At a Glance 

  • Current IMF membership: 190 countries
  • Malawi joined the Fund in July 19, 1965; Article VIII (December 7, 1995)
  • Total Quotas: 138.8 Million
  • Outstanding Purchases and Loans (SDR): 154.16 million (June 30, 2019)
  • Last Article IV Consultation: The last Article IV Executive Board Consultation was on April 30, 2018. (Country Report No. 18/115, May 9, 2018)

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IMF's Work on Malawi

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Fraudulent Scam Loan Application Forms Using the Name of the IMF

We would like to bring to the notice of the general public that several variants of financial scam documents purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation. Specifically, fake loan application forms on bogus official letterhead containing the IMF logo are in circulation in Malawi. The scam loan application forms instruct potential victims to complete and submit private information to the IMF, including personal bank details, identification numbers and other details to enable them to receive business loans. The contact information is always BOGUS and the scammers utilize unsuspecting individuals’ personal information for their fraudulent activities.
For more information please see Fraudulent Scam Emails Using the Name of the IMF

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Regional Economic Outlook for Sub-Saharan Africa

April 28, 2022

The economic recovery in sub-Saharan Africa surprised on the upside in the second half of 2021, prompting a significant upward revision in last year’s estimated growth, from 3.7 to 4.5 percent. This year, however, that progress has been jeopardized by the Russian invasion of Ukraine which has triggered a global economic shock that is hitting the region at a time when countries’ policy space to respond to it is minimal to nonexistent. Most notably, surging oil and food prices are straining the external and fiscal balances of commodity-importing countries and have increased food security concerns in the region.
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.