Tuesday 15, May 2018 by Matthew Amlôt

IMF Executive Board approves $112.3 Million under the ECF Arrangement for Malawi

The Executive Board of the International Monetary Fund (IMF) today approved a new three-year arrangement for Malawi under the Extended Credit Facility (ECF) for SDR 78.075 million (about $112.3 million), equivalent of 56.25 percent of Malawi’s quota in the IMF, to support the country’s economic and financial reforms.

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