Mutharika applauds World Bank over support

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The news of World Bank coming back to provide budgetary support to Malawi has made the country’s leader Peter Mutharika to be happy and to appreciate the support that the country has been getting through the bank.

The sentiments were made during an audience that Mutharika had at Kamuzu palace in Lilongwe on Monday with a World Bank delegation led by vice president for World Bank in Africa Makhtar Diop.

During the meeting, Diop disclosed that the bank was to come back with direct aid that was stopped following reports of financial mismanagement.

Makhtar Diop, Peter Mutharika

Makhtar Diop (R) with President, Peter Mutharika (L).

Reacting to the sentiments, Mutharika applauded the development as it will bail out Malawi from deficits in budgets that the country has been having following donor pull out of support in 2013.

Mutharika also applauded the support from the bank arguing that the country has benefited a lot from the aid and grants that have been given to Malawi.

“Your response to our situation has always been timely and significant. In response to the crop failure in the 2015/16 agriculture season, the Bank has committed US$104 million under the Malawi Drought Recovery and Resilience Programme. This includes US$50 million for the purchase and distribution of maize to the many affected households.

“The Bank has further committed some US$70 million additional financing under the MASAF IV project. The resources will be used for the social cash transfer and public works programmes. This will enable another section of the affected population to access food through the markets. The contribution of the Bank to the Social Cash Transfer Programme, together with that of other development partners, enables Malawi to achieve 100% coverage of the country.

“I am further grateful, that this year’s support is being provided against the backdrop of other life-saving interventions recently provided by the Bank. In 2015, the Bank provided US$80 million under the Malawi Floods Emergency Recovery Project, which included some US$15 million for maize purchases for humanitarian response,” said Mutharika.

Following reports of financial mismanagement donors and monetary institutions suspended direct support to the national budget a development that witnessed crippling of public service delivery in the country.

Lack of fuel for ambulances, and medicine are some of the problems that have been making headlines on the local press, as service delivery was paralyzed due to lack of funding from the government.

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60 Comments

  1. If World Bank had denied Malawi budgetary support it would have been bad news. Now World Bank has resumed support amid financial tantrums it is also bad news. Typical of FOOLS.

  2. Zimandikhunza kuti we malawians are so weak yet we have the potential kuti we can be a developed country.These opportunist pretend to be helping us, but the truth lyz somewhere ,they are suckling mother malawi. I alwayz cry for those pple who died tryng to change malawi for the better..think we need a terrorist group against boma lilonse lomwe litamalamulile shud just be killing who so ever misuses gvt resources.amalawi tokhatokha kukhomelelana nkumaberana,,mmmmh, agalu!.

  3. muziyenda osamangoti tinabadwira mmazi mommuno ayi ziko lapansi zinthu zinasintha ulova uli pali ponse even kwa Obamako mukapeza ovutika pajoni pompa magrajuweti akusowa ppogwira and anthu kumagonera mandasi ndi cooe kuli bwanji ku Malawi .

  4. Now becareful with this money. Or kulira kwaaMalawi kungapangitse kusochera kuAmerica. Misewu yakuAmerica ndiyofanafana. So aliyense amene aziba ndalama zaboma asokonekera mutu ndiku sochera Ku America to 2weeks.

  5. Like or not the next election you must count your self out of government if you were a good leader you should at least think what your fellow Malawians needs we’re not saying you can do at one time no! Black out everyday hanger every year young star’s no jobs kodi mukufuna kundiuza kuti kamuzu munthawi yake panali special plan yomwe amagwilitsa ntchito yoti ingakukanikeni pa zaulimi? Now tell who can work empty stomach? Koma ndalama zi kabwela first thing mube kaye do you thing we’re dome enough that we can’t see that your thieves? A gogo adati alitele kulinga utayenda naye boma ili talidziwa kuti ndilosolola your only know how feed your pocket skelem. …

  6. Ndipo peter ndiyekhayo tsogoleli ophuziladi kukumana ndi minga iye kudumpha eee!!kuyendesa two years opanda umuthangata? Abongololo onse amva izi akukozeka kulowa kuwuna kkkkkk makamaka uyu galu okudayi zako zimenezo

  7. Whether money will come or not mfundo yathu sitisintha…….Tamangatamanga…Achinyamata ntchito zikusowa……These issues can not solved in a day…..Ndinube mbava,,,,,kukondwako ndi koti mwapeza mgodi winanso woti mutibere…Chikumbumtima chikuzuzuleni

  8. No need of celebration we have the dumbest goverment with no clue but only swaggering it out as if anything will change at all.Only lies and thieving are order of the day.

  9. Mulungu amampasa munthu wolimbika afta 2yrs Malawi ikuzipangira zonse yokha lero APM ALI PA EASY COZ BUDGET YATHU IZITHANDIZIDWA NDIYE MUONE MPIRA UMENE ATI AZIUMENYA IYE NDIUMOZI UMOZI MA GUNNERS PAKWAWO DIKIRANI MUONE CHUMA MMENE CHIYENDERE L CHAKWERA AYAMBA KUTULUKA THUKUTA KKKKKKKKKKKKK

  10. Zitenga zaka zitatu kuti ayambe kuthandizanso, thats world bank. World bank idikira IMF ipange kaye recommend if malawi qualifies chithandizo olo ayii..!! Kumaiona patali ma cadet inuuu

  11. labour of his own hands then akadya thukuta lake muzinena kuti akuba,Mutharikas are never failures,3 yrs without that budget support stil perfomed now his time to wipe out poverty.and we gona have plenty of food to eat,dine and marry as many,BRAVO APM.

  12. labour of his own hands then akadya thukuta lake muzinena kuti akuba,Mutharikas are never failures,3 yrs without that budget support stil perfomed now his time to wipe out poverty.and we gona have plenty of food to eat,dine and marry as many,BRAVO APM.

  13. Izo osusa manyazi bwanji ndiye akangoyamba basitu Chakwera ayambaso ubusa chifukwa akuziwa kuti 2019 azaluza momvesa chisoni. Nonse a DPP munapita ku loan bweranikoni tikulandirani.

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