IMF says impressed by JB reforms

The International Monetary Fund (IMF) has said it is impressed by the economic reforms that President Joyce Banda has made in Malawi within the shortest time in office.

IMF managing director Christine Largarde was speaking to journalists on Monday after meeting Banda at the fund’s headquarters, 100, Pennsylvania Avenue, in the United States.

“Firstly, as I met the President [Banda], I found her extremely uplifting to me. She is a woman of courage, determination. She is changing the perception that the world has about Malawi,” Largarde said.

She said the two discussed the Malawi economic situation, among others.

”We discussed the support that the IMF can give to the country. And also by way of encouraging other countries which are to support Malawi to bring the country forward,” said Largarde

She said the IMF board will meet in July to review Malawi’s position. She said it is a record time for the board to meet five weeks after the return of the mission from the country.—Mana