Malawi: IMF Approves $101 Million Loan to Malawi for Covid-19 Economic Woes

3 October 2020

International Monetary Fund (IMF) has approved US$101.96 million additional disbursement under the Rapid Credit Facility for Malawi to help the Southern African country address the economic impact of the marauding novel Covid-19 pandemic, the Fund said in a statement.

The decision to release the funds was made by the IMF board at a meeting in Washington on Friday .

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