Reserve Bank of Malawi gets US$88.3 IMF fund

Finance minister Sosten Gwengwe says the International Monetary Fund (IMF) has already wired the US$88.3 million (Around K91 billion) to the Reserve Bank of Malawi. The IMF Board approved US$88.3 million in emergency financing to Malawi through the Fund’s Food Shock Window under Rapid Credit Facility (RCF). Gwengwe told Parliament on Thursday that the money has since […]

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