IMF Staff Country Reports

Malawi : Second and Third Reviews Under the Three-Year Extended Credit Facility Arrangement and Requests for Waivers of Nonobservance of Performance Criteria and Augmentation of Access-Press Release; Staff Report; and Statement by the Executive Director for Malawi

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

December 6, 2019

Electronic Access:

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Summary:

Economic growth is recovering after last year’s drought and insect infestations—despite the impact of Tropical Cyclone Idai in the south and political protests following the May 2019 presidential election. The authorities are requesting an augmentation of access under the Extended Credit Facility (ECF) of 20 percent of quota (SDR 27.76 million) to finance significant reconstruction imports.

Series:

Country Report No. 19/361

Subject:

Economic reforms External sector Fiscal policy Monetary policy Public financial management