Fellow Malawians,
An hour ago, the Board of the International Monetary Fund
approved the Extended Credit Facility to Malawi that we have
been negotiating for the past two years. Under this facility,
Malawi will receive an injection of 174 million dollars over the
next four years, as well as the resumption of direct budget
support from international partners after a 10 year absence
because of Cashgate and the financial mismanagement of the
previous administration.