IMF Approves US$91m Under Rapid Credit Facility for Malawi

Deputy Managing Director and Chair of the IMF Executive Board, Tao Zhang, has announced the board’s approval of U$91m under the Rapid Credit Facility (RCF) to help Malawi meet the urgent balance of payment (BOP) needs stemming from the COVID-19 pandemic.

IMF Team Jets in Malawi for ECF Review

An International Monetary Fund (IMF) mission team is in the country for a second and third review of the Extended Credit Facility (ECF) program that will lead to further disbursement of resources.

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