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

May 17, 2016

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.

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

Keywords: CR, ECF arrangement, implementation of policy, International reserves, ISCR, Malawi authorities, Poverty reduction, program implementation, reconciliation of government bank accounts, Structural policies, Structural reforms

Pages:
5
Volume:
2016
DOI:
https://doi.org/10.5089/9781484355701.002
Issue:
124
Series:
Country Report No. 2016/124
Stock No:
1MWIEA2016001
ISBN:
9781484355701
ISSN:
1934-7685

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