APM appeals for World Bank support

Peter Mutharika, World Bank discuss development issues

President Peter Mutharika Sunday appealed to the World Bank for increased financial support as his newly formed administration faces mounting economic challenges, including severe shortages of food…

World Bank Reaffirms Support to Malawi Amid Economic Challenges

By Suleman Chitera The World Bank has assured the Government of Malawi of its strong commitment to support ongoing efforts aimed at stabilising the economy and addressing key national challenges such as scarcity of foreign exchange, fuel shortages, rising cost of fertilizer, and weakening economic indicators. Joseph Mwanamvekha: Steering Malawi’s Financial Ship Amid High Expectations The assurance was made in Lilongwe by Ndiame Diop, the World B…

APM appeals for World Bank support

President Peter Mutharika has pleaded with the World Bank to consider giving Malawi additional support, saying government needs $220 million (aboit K385 billion) to fix the ailing economy. The President made the call yesterday when World Bank vice-president for Eastern and Southern Africa Ndiame Diop made a courtesy call on him at Mtunthama State Residence in Lilongwe. President Mutharika In an interview after the meeting, Mutharika, who has tak…