The International Monetary Fund (IMF) says any new programme for Malawi will prioritise prioritise reforms under the National Economic Recovery Plan (Nerp) to focus on restoring stability, supporting growth and protecting vulnerable households. He said the global lender recognises that adjustment measures, including exchange rate reforms, can create short-term pressures, making social protection measures critical for vulnerable groups. Said Koumtingue: “Discussions are ongoing to agree on a package of policies and reforms that could be supported under an Extended Credit Facility arrangement. “Any potential IMF-supported programme would aim to restore macroeconomic stability and support poverty-reducing growth while protecting vulnerable households and priority social spending.” He said the IMF believes a comprehensive reform approach supported by social safety nets can help create conditions for sustainable growth and improved living standards.