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Energy Ministry seeks forex priority to unblock Marep 9
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Energy Ministry seeks forex priority to unblock Marep 9
Ministry of Energy has asked the Reserve Bank of Malawi (RBM) and the Ministry of Finance, Economic Planning and Decentralisation to give strategic energy projects a priority in foreign exchange allocations. The request follows delayed rollout of the Malawi Rural Electrification Programme (Marep) Phase 9 due to forex shortages. Electricity is crucial for development. | Nation The ministry says critical electrical equipment procured for the proje…
·Blantyre, Malawi
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