LILONGWE-(MaraviPost)-The African Development Bank (AfDB) has given Malawi US$23 million (about MK40.2 billion) in budget support.
Minister of Finance and Economic Affairs Simplex Chithyola Banda confirmed the development saying said the support follows the implementation of the International Monetary Fund (IMF)’s Extended Credit Facility (ECF) programme and good leadership.
“This is a sign of confidence to the government,” he said.
IMF mission is currently in Malawi assessing ECF programme implementing.
Lloyd M’bwana
I’m a Lilongwe University of Agriculture and Natural Resource (LUANAR)’s Environmental Science graduate (Malawi) and UK’s ICM Journalism and Media studies scholar.
Also University of Malawi (UNIMA) Library Science Scholar.
I have been The Malawi Country Manager and duty editor for the Maravi Post since 2019.
My duty editor’s job is to ensure that the news is covered properly, that it is delivered on time, and that it is created to the standards set out in the editorial guidelines of the Maravi Post.
