Finance minister Sosten Gwengwe says he’s upbeat Malawi will get the Prolonged Credit score Facility (ECF) saying talks with the IMF are on monitor.
Gwengwe has expressed optimism that Malawi will get the power, saying discussions are at superior stage.
Not too long ago, as demanded by the IMF, Authorities submitted the audited report on overseas alternate misrepresentation dedicated below the earlier regime.
Nonetheless, the 2 events nonetheless must agree on different teething points like public debt administration.
The current IMF board assembly skipped Malawi on consideration of the financial aid package deal however permitted Kenya’s $235.6 million and Tanzania’s $1.04 billion packages.
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