IMF’s release of Malawi funds to encourage donors – Mkwezalamba

Malawi’s finance minister, Maxwell Mkwezalamba, has said IMF’s release of a $20 million (around K9 billion) under the Extended Credit Facility (ECF) will encourage other donors who have withheld aid to resume funding. Mkwezalamba told a news conference in Blantyre that the release of the IMF funds  four months after cashgate corruption scandal broke and following consequent...