World Bank increases performance based grants for Malawi local authorities to MK15bn

Finance Minister, Sosten Gwengwe, says the World Bank has increased Performance Based Grants (PBG) for local authorities from $10 million (about MK10 billion) to $15 million (about MK15 billion) per year. Gwengwe spoke Wednesday in Lilongwe during cheque presentation to 25 local authorities that qualified for 2022 PBG. Gwengwe presided over the ceremony with his […]

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