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Malawi IMF Talks Stall on New Loan
Published 3 days, 15 hours ago
Description
Malawi’s economy is in deep trouble—facing double-digit inflation, a collapsing foreign currency reserve, and over 90% public debt—yet the IMF hasn’t approved a new loan. After talks in Malawi from June 9–18, no deal is signed, but discussions continue over an Extended Credit Facility to help stabilize finances and restore growth.
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