World Bank resumes direct budgetary support to Malawi with US$137m package

The World Bank says it has resumed direct budgetary support to Malawi, with an injection of US$137 million, out of which US$80 million would be released immediately. In a statement, the World Bank says the Chakwera government “has demonstrated commitment to address macroeconomic imbalances, unsustainable debt, and longstanding structural and business environment constraints inhibiting private sector-led growth”. “It […]

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