Blue League Commends President Mutharika on IMF-ECF Program

The governing Democratic Progressive Party’s (DPP) youth wing, the Blue League, has applauded President Arthur Peter Mutharikaand the DPP-led government for the continued pursuit of prudent financial measures and policies under the Public Financial Management Reforms, that has led tothe IMF’s Executive Board decision to immediately release US$ 76.8 million to Malawi under the Extended Credit Facility arrangement following the seventh and eighth reviews of the country’s economic performance.

In a statement posted on their Facebook page, the Blue League says, “Besides restoring confidence in our development partners such as the IMF, more importantly the reforms are setting forth a business unusual culture and creating a better investment environment necessary for economic growth.

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