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.
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 )
Remarks by Ms. Antoinette Sayeh Director, African Department of the International Monetary Fund The Brookings Institution–November 19, 2009
November 19, 2009
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
"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
IMF's Work on Malawi
September 29, 2016
September 14, 2016
Author/Editor: Montfort Mlachila ; Ahmat Jidoud ; Monique Newiak ; Bozena Radzewicz-Bak ; Misa Takebe
Series: African Departmental Paper No.16/5
August 24, 2016
Author/Editor: Tetsuya Konuki ; Mauricio Villafuerte
July 8, 2016
Author/Editor: Robert Dippelsman ; Venkat Josyula ; Eric Métreau
Series: Working Paper No. 16/133
Malawi : Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers for NonObservance of Performance Criteria, Extension of the Arrangement, Augmentation of Access, Modification of Performance Criterion, and Rephasing of Disbursements-Press Release; Staff Report; and Statement by the Executive Director for Malawi
June 24, 2016
Series: Country Report No. 16/182
Regional Economic Outlook for Sub-Saharan Africa
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.
Departmental Papers on Africa
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.
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.