Malawi’s IMF programme ‘fell short’ on growth
Future IMF support will aim to foster growth and alleviate poverty in Malawi
The International Monetary Fund’s current support programme to Malawi has “fallen short” on achieving sustained and inclusive growth.
In August, the fund and the government of Malawi gathered stakeholders to assess the effectiveness of the recently completed Extended Credit Facility (ECF), which has supported the impoverished African nation since 2012.
“The ECF programme broadly achieved its macroeconomic policy stabilisation objectives, including reducing inflation and increasing
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