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Malawi’s IMF programme ends after only $35 million disbursed
Malawi’s $175 million loan programme from the International Monetary Fund has been terminated after no review was completed over an 18-month period, the fund said late on Wednesday. The donor-dependent Southern African country only received an initial disbursement of $35 million under the four-year Extended Credit Facility approved in November 2023. The IMF said the programme was not able to restore macroeconomic stability. [...]