Malawi President Chakwera Targets IMF Funding Deal Within Months.

(Bloomberg) -- Malawian President Lazarus Chakweraexpects to clinch a new financing deal with theInternational Monetary Fund by early next year to helpkick-start an economic revival in the landlocked southernAfrican nation. Malawi's accumulation of about $6 billion of debt is"choking the life out of an economy like ours", with alarge proportion of the budget going toward interestpayments and civil- servant wages, Chakwera said. [Extracted from the article]