Incomptent leadership: Malawi loses U$175m IMF credit facility amid forex crisis

Sage Kakkat

15 May 2025

LILONGWE-(MaraviPost)-Malawi has allowed the four-year International Monetary Fund (IMF) US$175 million (about K306 billion) Extended Credit Facility (ECF) to lapse until further notice amid forex crisis. Ministry of Finance and Economic Affairs has confirmed the development in a press statement. The extended credit facility that was approved on 14th November, 2023 was aimed at restoring [...]The post Incomptent leadership: Malawi loses U$175m IMF credit facility amid forex crisis appeared first on The Maravi Post.

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Databricks more than quadruples footprint in Seattle's West8

Living Near Golf Courses May Double Parkinson's Risk, Study Finds

Buff and Coat Hardwood Floor Refinishing Leads Floor Refinishing Richmond with Dustless, One-Day Service

Empathy, Creativity, and Collaboration: The New Era of Feminine Leadership