Malawi : Request for an Extension of the Extended Credit Facility Arrangement-Press Release and Staff Report.

This paper discusses the Malawi authorities, request for a short extension (June 30, 2016) to their arrangement under the Extended Credit Facility (ECF) that is currently due to expire on May 22, 2016. The extension is needed to provide time for the authorities to implement two prior actions for com...

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Bibliographic Details
Corporate Author: International Monetary Fund. African Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Staff Country Reports; Country Report ; No. 2016/124
Online Access:Full text available on IMF
Description
Summary:This paper discusses the Malawi authorities, request for a short extension (June 30, 2016) to their arrangement under the Extended Credit Facility (ECF) that is currently due to expire on May 22, 2016. The extension is needed to provide time for the authorities to implement two prior actions for completing the seventh and eighth reviews. These comprise the reconciliation of government bank accounts for the first half of FY2015/16 and another on preparing a report on the flow and stock of domestic arrears at end-2015.
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Physical Description:1 online resource (5 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students