Malawi: AfDB Injects K1.7 Billion Lifeline As Malawi Battles Deepening Food Crisis

Malawi: AfDB Injects K1.7 Billion Lifeline As Malawi Battles Deepening Food Crisis

The Ministry of Finance, Economic Planning and Decentralisation has signed a financing agreement with the African Development Bank (AfDB) that will provide Malawi with US$1 million (approximately K1.7 billion) in emergency relief support, offering timely assistance as the country battles worsening food insecurity.

AfDB, Malawi sign K1.7bn relief deal amid food pressure

The African Development Bank (AfDB) has given Malawi $1 million (about K1.7 billion) to support emergency food relief following the signing of a financing agreement with the Ministry of Finance, Economic Planning and Decentralisation. The AfDB gesture comes amid rising food insecurity, tight fiscal space and climate-related shocks, with the Malawi Vulnerability Assessment Committee report showing that about four million people require food assis…

AfDB Injects K1.7 Billion Lifeline as Malawi Battles Deepening Food Crisis - Malawi Nyasa Times - News from Malawi about Malawi

The Ministry of Finance, Economic Planning and Decentralisation has signed a financing agreement with the African Development Bank (AfDB) that will provide Malawi with US$1 million (approximately K1.7 billion) in emergency relief support, offering timely assistance as the country battles worsening food insecurity. The agreement was signed on Monday in Lilongwe by Minister of Finance […] The post AfDB Injects K1.7 Billion Lifeline as Malawi Battl…

Malawi's Capital Injection: K31.13bn Government Loan Sparks New Business Opportunities

Key Business Points The Reserve Bank of Malawi (RBM) has raised K31.13 billion from Treasury bills, indicating continued fiscal strain and heavy reliance on domestic borrowing, which may impact malawi […] The post Malawi’s Capital Injection: K31.13bn Government Loan Sparks New Business Opportunities appeared first on Business Malawi.

Government borrows K31.13bn in one week

The gov­ern­ment, through the Reserve Bank of Malawi (RBM), raised K31.13 bil­lion from the from Treas­ury bills last week, indic­at­ing con­tin­ued fiscal strain and heavy reli­ance on domestic bo…