MF grants waiver to Malawi over US58,7m forex misreporting penalty

The International Monetary Fund (IMF) Board has granted a waiver to Malawi not to pay back $58.7 million (K60.2 billion) as penality for misreport forex. Finance Minister, Sosten Gwengwe, told MBC that  Malawi negotiated for a waiver, not to pay back the money that IMF continued to grant Malawi though the  Bretton Woods Institution was deceived that […]

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