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World Bank pushes for business-driven growth

Summary by The Nation
The World Bank has called on Malawi to urgently transition from a government-led to a private sector–driven growth model, warning that continued reliance on desired public spending will not deliver the structural transformation. World Bank country manager Firas Raad said in an interview on Friday in Lilongwe that the country’s economic stagnation as evidenced by five consecutive years of negative per capita growth, calls for bold reforms and ren…
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The Nation broke the news in Blantyre, Malawi on Monday, April 21, 2025.
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