Malawi: Use of Fund Resources—Request for Emergency Assistance
This paper assesses Malawi's Use of IMF Resources and Request for Emergency Assistance. The food shortage in early 2002 in Malawi has caused immense human suffering. IMF staff endorses the authorities' decision to undertake large-scale food imports to complement the humanitarian aid efforts. Moreover, as effective targeting mechanisms are not available, the IMF staff supports the provision of a price subsidy as the most efficient way of reaching the poor who do not benefit from humanitarian aid.
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Volume/Issue:
Volume 2002
Issue 196
Publication date: September 2002
ISBN: 9781451828047
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Topics covered in this book
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Business and Economics , Political Science , Exports and Imports , Money and Monetary Policy , ISCR , CR , food , shortage , emergency , net , emergency loan , growth excl , foodstuff , international community , maize import , large-scale food import , large-scale import , Imports , Monetary base , Emergency assistance , Food imports , Southern Africa
Summary
This paper assesses Malawi’s Use of IMF Resources and Request for Emergency Assistance. The food shortage in early 2002 in Malawi has caused immense human suffering. IMF staff endorses the authorities’ decision to undertake large-scale food imports to complement the humanitarian aid efforts. Moreover, as effective targeting mechanisms are not available, the IMF staff supports the provision of a price subsidy as the most efficient way of reaching the poor who do not benefit from humanitarian aid.
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