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The Times Group > Blog > Business > IMF sees doom for poor nations
Business

IMF sees doom for poor nations

Chimwemwe Mangazi
Last updated: 2026/08/13 at 2:16 PM
Chimwemwe Mangazi
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BANDA—The government has provided funds
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The International Monetary Fund (IMF) has warned that oil importing, low-income countries like Malawi risk being left behind as the world economy struggles with war and rising prices.

In its July 2026 World Economic Outlook Update released this week, the fund says global growth will slow to 3 percent in 2026, down from 3.5 percent recorded in 2024- 25.

To read more, click times.mw/etimes/

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TAGGED: economy, IMF, Veli Nyirongo

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Chimwemwe Mangazi August 13, 2026
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