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IMF Lifts Suspension of Funds to Malawi

The International Monetary Fund has resolved to immediately disburse about $20 million in suspended funding to Malawi. The IMF imposed the suspension last October pending investigations of a scandal in which millions of dollars in public funds were looted from government coffers. Although government authorities are happy with the IMF’s change of heart, commentators warn that this does not necessarily mean all is well on the country’s economic front.   The decision to release the funds...

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