Malawi wins World Bank aid.

Position:Brief Article
 
FREE EXCERPT

The World Bank has approved a $55m soft loan for Malawi's balance of payments support as the south-east African nation found itself back in favour with foreign funders, including the International Monetary Fund. The IMF approved debt relief of just under $lbn in December last year after deciding that Malawi is meeting its economic reform programme. Malawi President Bakili Muluzi reacted to criticism in November that he wasn't doing enough to combat corruption in his government by...

To continue reading

REQUEST YOUR TRIAL