Malawi : Ninth Review Under the Extended Credit Facility Arrangement and Request for Waivers for Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Malawi

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

July 5, 2017

Electronic Access:

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Summary:

The authorities, with substantial donor support, successfully addressed Malawi’s worst humanitarian crisis after two consecutive years of drought. Floods and drought negatively impacted 2.8 million people during the first half of 2015. In 2016, a second consecutive year of drought hurt growth and further placed about 6.7 million people (40 percent of the population) at risk of food insecurity. The IMF’s Executive Board’s augmentation of access (25 percent of quota/US$49.2 million) to respond to the larger balance of payments need had a catalytic effect in fostering donor support.

Series:

Country Report No. 17/183

Subject:

English

Publication Date:

July 5, 2017

ISBN/ISSN:

9781484307267/1934-7685

Stock No:

1MWIEA2017001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

94

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