Malawi RBM: Debt Restructuring Talks Continue with TDB, Afreximbank

The Reserve Bank of Malawi (RBM) reported that approximately K1.27 trillion in debt owed under facilities with the Trade and Development Bank (TDB) and Afreximbank remained in arrears at the end of 2025, with negotiations for restructuring this significant obligation ongoing for several years. This critical financial update was disclosed in the RBM's report and accounts for the period ending December 31, highlighting a protracted challenge in the nation's public finance management. The continued state of arrears underscores the complexity and difficulty of reaching a resolution with these key multilateral lenders, impacting Malawi's financial standing and economic outlook.