‘Malawi is at a crossroads’

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‘Malawi is at a crossroads’

By Cathy Maulidi Catholic Commission for Justice and Peace (CCJP) has branded Malawi’s current socio-economic status as one that is reminiscent of a country whose leadership has stopped listening. In a statement signed by the commission’s national coordinator Boniface Chibwana and other officials, CCJP says the socio-economic wellbeing of Malawians has significantly deteriorated, with the […]

Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

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International Monetary Fund Board says Malawi’s programme on track

The International Monetary Fund (IMF) Executive Board on Thursday said Malawi is on track to achieve the objectives of the 12-month Program-Monitored with Board involvement (PMB). PMB is an informal agreement between an IMF member country and IMF staff to monitor the member country’s economic

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Treasury upbeat on Extended Credit Facility programme

The Treasury has expressed optimism over a possible deal with the International Monetary Fund (IMF) on its Extended Credit Facility (ECF) programme following success in the first review under the fund’s 12-month Staff-Monitored Programme (SMP) for the country. In November last year, the government

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Extended Credit Facility will determine budgetary aid—European Union – The Times Group

By Deogratias Mmana: The European Union (EU) has said it is ready to give budgetary support to Malawi on condition that the country attains International Monetary Fund Extended Credit Facility (ECF) status. EU Ambassador to Malawi Rune Skinnebach told Malawi News that the ECF is a conditionality

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Business Time on Malawi’s prospects for an ECF program of IMF– 29 August 2023

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

IMF to assess Malawi from September 12

An International Monetary Fund (IMF) Mission is expected in Malawi from September 12 to 19 to review the country’s performance under the Staff Monitored Programme with executive board involvement (PMB) that was approved in November 2022. Secretary to the Treasury MacDonald Mafuta Mwale confirmed

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Malawi’s Extended Credit Facility test starts Tuesday

Fiscal and monetary authorities have a torrid week starting today to convince the International Monetary Fund (IMF) mission team that the country is ready for the Extended Credit Facility (ECF) programme. The in-person IMF mission comes barely a week after the fund’s second in command, Gita

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Reserve Bank of Malawi sees light in Extended Credit Facility negotiations

The Reserve Bank of Malawi (RBM) has said Malawi has made remarkable progress in putting its house in order ahead of the second review of the Staff Monitored Programme with Executive Board Involvement (PMB) by the International Monetary Fund (IMF). A successful completion of the PMB would see

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Sosten Gwengwe’s fingers crossed on Extended Credit Facility

Minister of finance Sosten Gwengwe is keeping his fingers crossed over a possible Extended Credit Facility (ECF) programme with the International Monetary Fund (IMF), about 36 months after cancellation of the previous programme in September 2020. But he echoed a sentiment by the Reserve Bank of

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

When old age becomes a crime - The Times Group Malawi

Bishop Martin Mtumbuka of the Diocese of Karonga is worried that the lakeshore district is fast becoming a hotspot of mob justice targeting elderly people accused of practising witchcraft. Hardly a month passes without the district registering a case of murder of the elderly. “But the most

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Poor stewardship fueling challenges in Malawi – says CCJP Malawi 24 | Latest News from Malawi

…tells Chakwera administration to fix AIP, address hunger situation, security lapse The Catholic Commission for Justice and Peace (CCJP) has urged the Malawi Government to decisively address the continued social and macroeconomic hurdles people are facing people in the country, saying the

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Source: Malawi 24 | Malawi news

Traditional leaders challenged to safeguard girls and women’s rights

Government has challenged traditional and community leaders in Dowa and Ntchisi to take a leading role in safeguarding and promoting the rights of girls and women in their societies. Gender Officer in the Ministry of Gender, Community Development and Social Welfare, Kondwani Mhone, observed that

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Source: Malawi Nyasa Times - News from Malawi about Malawi

IMF hails Lazarus Chakwera on tough decisions

International Monetary Fund (IMF) First Deputy Managing Director Gita Gopinath has hailed President Lazarus Chakwera for the tough decisions he has taken to shore up the economy, raising hopes among Malawians that the country may soon get the much-needed Extended Credit Facility

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Guilty by old age - The Times Group Malawi

By Watipaso Mzungu: Bishop Martin Mtumbuka of the Diocese of Karonga is worried that the lakeshore district is fast becoming a hotspot of mob justice targeting elderly people on allegations that they practise witchcraft. Hardly a month passes without the district registering a case of murder of the

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Malawi gets one hand on IMF Extended Credit Facility

Malawi Thursday got one hand on the highly anticipated four-year $174 million Extended Credit Facility (ECF) programme with the International Monetary Fund (IMF) after reaching a staff level agreement with the IMF Mission that was in the country since September 12. Following the agreement, the

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Business Time on headline inflation – 22 August 2023

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

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