newsare.net
Malawi’s Finance Minister, Simplex Chithyola Banda, has unleashed a blistering attack on the International Monetary Fund (IMF), blaming it for torpedoing a $175 million Extended Credit Facility (ECF) by imposing what he calls “unrealistic”“Unrealistic Demands”: Chithyola Slams IMF as $175 Million Credit Lifeline Disintegrates
Malawi’s Finance Minister, Simplex Chithyola Banda, has unleashed a blistering attack on the International Monetary Fund (IMF), blaming it for torpedoing a $175 million Extended Credit Facility (ECF) by imposing what he calls “unrealistic” economic demands—just months before national elections. This marks Malawi’s second IMF programme collapse in just five years, exposing deep fractures […] The post “Unrealistic Demands”: Chithyola Slams IMF as $175 Million Credit Lifeline Disintegrates appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more