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The Case of the Exogenous Shocks Facility and the Extended Credit Facility to Malawi and their effects on the Poor in Malawi

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This report is a critical analysis of how the International Monetary Fund’s new wave of loans to Malawi, the Exogenous Shock Facility (ESF) and the Extended Credit Facility (ECF) fall short as long term and comprehensive solutions to cushion Malawi from the impacts of the 2008 Global Financial Crisis and other related exogenous shocks.

 

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