July 07, 2023
Malawi: Chakwera Recounts Obstacles to His Envisioned Development Agenda
President Dr. Lazarus McCarthy Chakwera has highlighted high levels of toxic debt, fraud and financial mis-reporting to International Monetary Fund (IMF) and criminal cartels in… Read more »
June 20, 2023
Malawi: Afrexim Bank Considers Restructuring Malawi's U.S.$850 Million Debt
Afrexim Bank officials say they will consider restructuring a US$850 million debt Malawi has with the bank and the Trade and Development Bank to allow the country secure an IMF… Read more »
January 28, 2023
Malawi: National Debt Hits U.S.$7.1 Billion
Centre for Social Concern (CfSC) has described as worrisome the K7.3 trillion debt Malawi has accumulated as poverty levels are also increasing drastically. Read more »
January 26, 2023
Malawi: Malawi Schools of Government Choked With K1bn Debt Taken Over From MIM
State-owned Malawi Schools of Government (MSG) -- formerly known as Malawi Institute of Management (MIM) -- has disclosed that it is battling to pay almost K1 billion debt in… Read more »
January 06, 2023
Malawi: Malawi Government, IMF Talks Resume
Government says its team is shortly meeting the IMF for a second meeting to push for debt restructuring and resumption of an extended credit facility. Read more »
September 24, 2022
Malawi: Malawians Welcome Government's U.S.$50m Credit From Arab Bank for Fuel Importation
Malawians have taken up on various social media platforms to applaud the government for successfully securing a US$50 million credit from the Arab Bank for Economic Development in… Read more »
June 06, 2022
Malawi: Malawi On Track for Extended Credit Facility
IMF says Malawi is on track for extended credit facility (ECF) arrangement following extensive discussions with the Chakwera government over the couple of months. Read more »