Malawi: Malawi Secures U.S.$80 Million Lifeline As Government Turns to Local Councils to Fix Service Delivery

Malawi: Malawi Secures U.S.$80 Million Lifeline As Government Turns to Local Councils to Fix Service Delivery

Originally published by AllAfrica. Read the full story →

[Nyasa Times] Malawi has received a significant financial boost after Minister of Finance Joseph Mwanamvekha returned from high-level meetings in Washington DC with an US$80 million (about K140 billion) grant from the World Bank--a move expected to ease pressure on the country's strained foreign exchange reserves while targeting long-standing governance challenges at the grassroots.

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