Malawi

Despite ongoing Election case European Union gives Malawi K18 billion grant

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Malawi Finance Minister Joseph Mwanamvekha and EU Ambassador to Malawi, Sandra Paesen

LILONGWE, (MaraviPost): On Monday, 25th November 2019, #Malawi and the European Union (EU), signed a grant of €22 million Euro the EU is to give Malawi to support its Public Finance Management Reforms.

Speaking after the signing ceremony, Minister of Finance Economic Planning and Development, Joseph Mwanamvekha, thanked the EU and assured the EU Ambassador to Malawi, Sandra Paesen, that the money will be put to proper use and that it will help to save lots of money in the government that has been lost due to poor public finance management such as in procurement, , contract management and payroll just to mention a few.

Maravi Post Reporter

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