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Malawi Tries to Lure Back Donors After Cashgate

Malawi lost much of its foreign donor support following the 2013 government corruption scandal known as Cashgate, but things could be looking up. The International Monetary Fund now says it will disperse a remaining $30 million in assistance to Malawi under the institution's Extended Credit Facility, or ECF, program. A team from the International Monetary Fund wrapped up a two-week visit to Malawi with some good news. Recent banking reforms have helped “tame...

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