World Bank pumps K37 BN into Malawi

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The World Bank has pledged to support three projects in the Malawian health and education sectors to the tune of K37 billion.

Laura Kullenberg

Laura Kullenberg with Finance Minister Goodall Gondwe (File)

On Monday, Malawi government and the World Bank signed a financing agreement for the three projects which are Nutrition and HIV/ Aids project, Southern Africa Tuberculosis and Health Systems support project, and Southern Africa Higher Education Centres of Excellence project.

The three projects have a commitment value of K37 billion.

Minister of Finance Economic Planning and Development Goodall Gondwe signed the agreement on behalf of Malawi government while World Bank Country Manager Laura Kullenberg signed on behalf of the Bretton Woods institution.

Because of the hunger that Malawi is likely to face due to El Nino, the World Bank recently granted Malawi $22.6 million, just over half of which will be used to help curb acute malnutrition in under-five children caused by drought-related food shortages.

But over half of Malawi’s population is facing hunger this year and the country is still asking for help from bilateral and multilateral partners.

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85 Comments

  1. kd amphaka ine eh?mesa munkat mwacya thandxen bwana?n ndalamayo sananene cholinga ndye kt mufuna mutan nayo?nanga iwowo popereka ndalamayo cholowa chawo nd chan?musakhale mukutgulisa2

  2. How Many People Here In Malawi? Tingowelengana Kenako Share The Amount Of Money K37 Bln Kuti Aliyense Awone Chopanga Ndi Ndalamazake Coz Ndindalama Zambiritu Coz Mopanda Chinyengo Aliyense M’malawimuno Atha Kutenga Ndalama Zosachepera 1million Choncho Nde Kut Umphawi Wathatu Pamenepa…. Komapano Ena Apindulanazo Pamene Ena Ayi Since We Live In The Same Country Mayooooo!!!! I Cry Ndalama Zangazokhazo Bring Them Here Ndizisamale Ndekha

  3. maganizo a amalawi nthawi Zonse amakhala a negative , see these comments , even a single comment yokuti thanks world bank Palibepo apa

    • Kuzolowera kumangonyozana pazinthu zaulere m’malo moyaika omwe apeleka ali busy kukumbana ngat agwesera thukuta,malawi kumvesa chison ndithu

    • Kuzolowera kumangonyozana pazinthu zaulere m’malo moyaika omwe apeleka ali busy kukumbana ngat agwesera thukuta,malawi kumvesa chison ndithu

  4. Thanks but how will we trust APM with the funds with the hyenas he is harbouring in the cabinet my wasindwi anaulula wapa dzala.

  5. Thanks but how will we trust APM with the funds with the hyenas he is harbouring in the cabinet my wasindwi anaulula wapa dzala.

  6. We all know muziba ndalamazi agalu inuuu,, mimba khwefu ngati achatute anthu oyipa inuuuu asatanaaa. Thieves steal the money just like you alwys do

  7. We all know muziba ndalamazi agalu inuuu,, mimba khwefu ngati achatute anthu oyipa inuuuu asatanaaa. Thieves steal the money just like you alwys do

  8. Ya thanx the Donors but im sure that Donation is nt 4poor pple bcz we pay taxes n, we pay public Hospitals Some1 hv Opened International Accounts with that money,iknw Chithandizo chizibwera chifukwa tinavomera Mathanyula we are Mis-Used Citizen!

  9. another one billion should be given to the unima loan board so that the fees should be 0.3 million, and mapokoso athe…. sizoti zithere mmatumba mwanu