Malawi's central bank lowered its policy rate by a further 200 basis points to 16.0 percent, citing "recent disinflation, inflation outlook and the desire to consolidate gains made in stabilizing the economy."

The Executive Board of the International Monetary Fund (IMF) today completed the ninth and final review of Malawi’s economic performance under the program supported by an Extended Credit Facility (ECF) arrangement [1]. The Board’s decision enables the immediate disbursement of the equivalent of SDR 19.5 million (about US$ 26.9 million), bringing total disbursements under the arrangement to the equivalent of SDR 138.8 million (about US$ 191.4 million).