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IMF terminates a $175 million loan for Malawi

Malawi's $175 million loan programme from the International Monetary Fund has been terminated after no review was completed in the last 18 months.

The International Monetary Fund has terminated a $175 million loan programme with Malawi, citing poor economic management. The IMF said Malawi, one of the poorest countries in the world, had failed to fully restructure its unsustainable debt, but the country’s government argues that it has decided to suspend this until after the elections in September this year. Rahul Tandon heard from Malawi Finance Minister Simplex Chithyola Banda and the IMF Mission Chief.

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Thu 15 May 2025 22:32GMT

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  • Thu 15 May 2025 21:32GMT
  • Thu 15 May 2025 22:32GMT