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Malawi , Thursday 16 April 2026

Coronavirus - Malawi: IMF Executive Board Approves an Additional US$101.96 Million Disbursement under the Rapid Credit Facility for Malawi to Address the COVID-19 Pandemic

Published on: Sunday 04 October 2020

Coronavirus - Malawi: IMF Executive Board Approves an Additional US$101.96 Million Disbursement under the Rapid Credit Facility for Malawi to Address the COVID-19 Pandemic This is the second disbursement under the Rapid Credit Facility (RCF), which brings total IMF COVID-19 emergency support to Malawi to US$193 million; Malawi’s economic outlook has worsened since the first RCF as COVID infections have risen and the global and regional economic situation has deteriorated; This additional IMF financing will help fill part of the resulting increased external financing gap and provide the fiscal space needed to address critical spending needs. Read more.


News source: https://www.pulse.ng/story/coronavirus-malawi-imf-executive-board-approves-an-additional-usdollar10196-million-2024081721553568265

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