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Malawi becomes the first country to open the IMF’s new ‘Food Shock Window’

25 October 2022

The International Monetary Fund (IMF) has a new financing tool called the ‘Food Shock Window’ to address balance of payments needs linked to the global food crisis. Malawi, where hunger among the poor is common, is the first low-income country to open that window.

Under the “staff-level agreement”, in IMF-speak, Malawi will receive up to $88.3-million in emergency financing. Hunger periodically stalks the warm heart of Africa, especially at the start of the grain-planting season when most of the previous season’s crop has been consumed.

Sudan

Sudan is the third largest country in Africa. Despite the end of the civil war in South Sudan, Sudan continues to experience internal conflicts, many of which started with issues related to the management of natural resources, and land.
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