Business Malawi Opinion

Facts check: List of loans obtained by Malawi Government between 2004 and 2024

Malawi reserve Bank Building

Here is the list of loans obtained by Malawi Government between 2004 and 2024:

  1. 2004
  • IMF PRGF: $10 million (Source: IMF)
  • National Bank of Malawi: MWK 10 billion (Source: Reserve Bank of Malawi)
  1. 2005
  • World Bank IDA: $50 million (Source: World Bank)
  • African Development Bank: $20 million (Source: African Development Bank)
  • EU European Investment Bank: €15 million (Source: EU European Investment Bank)
  • Standard Bank Malawi: MWK 5 billion (Source: Standard Bank Malawi)
  1. 2006
  • EU European Commission: €30 million (Source: EU European Commission)
  1. 2007
  • World Bank IDA: $70 million (Source: World Bank)
  • OPEC Fund for International Development: $20 million (Source: OPEC Fund for International Development)
  1. 2008
  • African Development Fund: $30 million (Source: African Development Fund)
  1. 2009
  • EU European Commission: €30 million (Source: EU European Commission)
  1. 2010
  • China Exim Bank: $100 million (Source: China Exim Bank)
  • World Bank IDA: $100 million (Source: World Bank)
  • Ecobank Malawi: MWK 3 billion (Source: Ecobank Malawi)
  1. 2011
  • Arab Bank for Economic Development in Africa: $30 million (Source: Arab Bank for Economic Development in Africa)
  1. 2012
  • IMF Extended Credit Facility (ECF): $156 million (Source: IMF)
  • African Development Bank: $50 million (Source: African Development Bank)
  • China Development Bank: $200 million (Source: China Development Bank)
  1. 2013
  • EU European Investment Bank: €50 million (Source: EU European Investment Bank)
  1. 2015
  • India Exim Bank: $20 million (Source: India Exim Bank)
  1. 2018
  • China Exim Bank: $500 million (Source: China Exim Bank)
  1. 2019
  • World Bank IDA: $150 million (Source: World Bank)
  • African Development Bank: $70 million (Source: African Development Bank)
  • EU European Investment Bank: €60 million (Source: EU European Investment Bank)
  1. 2020
  • IMF Rapid Credit Facility (RCF): $100 million (Source: IMF)
  • World Bank IDA: $200 million (Source: World Bank)
  1. 2021
  • African Development Bank: $100 million (Source: African Development Bank)
  • EU European Investment Bank: €80 million (Source: EU European Investment Bank)
  1. 2022
  • China Exim Bank: $300 million (Source: China Exim Bank)
  • India Exim Bank: $50 million (Source: India Exim Bank)
  1. 2023
  • World Bank IDA: $250 million (Source: World Bank)
  • African Development Bank: $120 million (Source: African Development Bank)
  1. 2024
  • IMF Extended Credit Facility (ECF): $200 million (Source: IMF)
  • EU European Investment Bank: €100 million (Source: EU European Investment Bank)

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