{"id":47493,"date":"2026-10-07T15:05:36","date_gmt":"2026-10-07T13:05:36","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=47493"},"modified":"2026-10-07T15:05:36","modified_gmt":"2026-10-07T13:05:36","slug":"malawi-visit-makes-progress-towards-new-lending-programme-imf-2","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/malawi-visit-makes-progress-towards-new-lending-programme-imf-2\/","title":{"rendered":"Malawi visit makes progress towards new lending programme: IMF"},"content":{"rendered":"<div>The International Monetary Fund (IMF) said a staff visit to Malawi had made progress \u200bon a set of macroeconomic policies that \u200ccould be supported by a new lending programme.<\/div>\n<div><\/div>\n<div>&#8220;The authorities \u200bhave been implementing strong reforms to tighten \u2060fiscal discipline, reduce the public debt burden, and \u200bimprove how markets function. These reforms provide a \u200bgood foundation for an IMF, supported programme,&#8221; the Fund said.<\/div>\n<div><\/div>\n<div>&#8220;Discussions will continue to finalise the policy package that could \u200bunderpin an Extended Credit Facility supported programme,&#8221; it \u200badded.<\/div>\n<div><\/div>\n<div>Malawi&#8217;s last IMF programme, worth $175 million, ended in May last \u200cyear \u2060because the country did not complete a review within 18 months of its approval, meaning it received only an initial disbursement of $35 million.<\/div>\n<div><\/div>\n<div>The \u200bSouthern African nation \u200bis \u2060one of the world&#8217;s poorest countries and its economic difficulties include a \u200bhigh debt burden and declining donor \u200bfunding.<\/div>\n<div><\/div>\n<div>President Peter \u2060Mutharika, who took office a year ago, has said that securing a new IMF deal is \u2060crucial \u200bto stabilise the economy, \u200bas fuel and foreign exchange shortages have persisted.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":44013,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-47493","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"International Monetary Fund","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47493\/revisions"}],"predecessor-version":[{"id":47494,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47493\/revisions\/47494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/44013"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=47493"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=47493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}