Lilongwe: In response to the government’s request for an Extended Credit Facility (ECF) Arrangement, an International Monetary Fund (IMF) staff team led by Mr. Justin Tyson visited Lilongwe and Blantyre from June 8 to 18, 2026, to take stock of recent economic developments and initiate discussions on policy priorities outlined in the National Economic Recovery Plan (NERP) that could be supported under an ECF.
At the end of the mission, Mr. Tyson issued the following statement:
“The IMF team held constructive discussions with the Malawian authorities on the economic situation and policy priorities. The team acknowledged the authorities’ recent actions to reflect global market prices, stabilize the fiscal situation, and address food security challenges.
“The authorities reaffirmed their commitment to implementing sound and credible policies aimed at restoring and preserving macroeconomic stability and supporting inclusive and resilient growth. Discussions will continue on the package of policies and reforms that could be supported under an ECF arrangement.
“The mission held meetings with Minister of Finance, Economic Planning and Decentralization, Hon. Joseph M. Mwanamvekha; Governor of the Reserve Bank of Malawi, Dr. George Partridge; Secretary to the Treasury Dr. Cliff Chiunda; and other senior government officials. The team also engaged with representatives of the private sector, banks, and development partners.
“The IMF team expresses its sincere appreciation to the Malawian authorities and other counterparts for their warm hospitality and the constructive discussions.”
READ MORE: https://www.imf.org/en/news/articles/2026/06/18/pr-26212-malawi-imf-staff-completes-visit-to-malawi
