Malawi's Economy worsens, IMF highlights Macroeconomic challenges Malawi 24 | Latest News from Malawi

IMF urges market-driven exchange rate

International Monetary Fund (IMF) has called on Malawi to abandon the fixed exchange rate and instead adopt a flexible, market-driven, warning that the current regime is fuelling inflation, draining reserves and stalling recovery. In its latest Article IV consultation statement on Wednesday, the IMF said policy delays have eroded initial gains and exposed the economy to deeper vulnerabilities. Reads the statement: “Malawi is at a critical junctu…

IMF Defends Kwacha Devaluation, Stresses Broader Reform Package

The International Monetary Fund (IMF) has defended its recommendation for a Kwacha devaluation, clarifying that the move aims to establish a unified, market-clearing exchange rate, not an uncontrolled depreciation. In a statement issued last night, the IMF emphasized that aligning the rate helps direct foreign exchange through official channels, enhancing access for legitimate trade and investment. This approach, the Fund said, helps combat dist…

Malawi scores poorly on economic policies

Malawi continues to face challenges in managing its economy effectively, scoring 2.0 out of 6.0 in 2024 on the economic management cluster of the World Bank’s Country Policy and Institutional Asses…

Revitalizing Malawi's Economy: Overcoming Challenges for Sustainable Business Growth - Business Malawi

Key Business Points Microeconomic challenges are eroding gains from investments, with the country’s average inflation rate of 32 percent significantly reducing real returns on investments. Sound investments can still achieve […] The post Revitalizing Malawi’s Economy: Overcoming Challenges for Sustainable Business Growth appeared first on Business Malawi.

Malawi's Economy worsens, IMF highlights Macroeconomic challenges Malawi 24 | Latest News from Malawi

The International Monetary Fund (IMF) has warned that Malawi’s economy is facing significant challenges, including high inflation, persistent deficits, unsustainable fiscal debt, foreign exchange shortages, and fuel scarcity.  These challenges have been highlighted in the IMF’s 2025 Article IV consultation with Malawi, which notes that the country’s GDP has declined to 1.8% from 1.9% in […] The post Malawi’s Economy worsens, IMF highlights Macro…

IMF Sounds Alarm Over Malawi’s Economic Crisis as Key Support Programme Collapses - Malawi Freedom Network

By Suleman Chitera The International Monetary Fund (IMF) has delivered a stark warning about Malawi’s deteriorating economic situation, citing spiraling inflation, rising public debt, and a critical shortage of foreign exchange reserves. In a statement released on Tuesday, the IMF confirmed that its Extended Credit Facility (ECF) arrangement with Malawi was terminated in May after failing to complete even a single performance review. This means …