Malawi Broadcasting Corporation
Business Development Local News

Malawi on path to prosperity with AfDB’s support — NAP

National Advocacy Platform (NAP) has welcomed the resumption of direct budget support from the African Development Bank (AfDB), citing it as a significant step towards the country’s prosperity.

In a press statement signed by NAP chairperson Benedicto Kondowe, the grouping says the $23 million injection signifies a strong vote of confidence in the government’s commitment to reform and its efforts to foster a conducive environment for growth and stability.

The move by AfDB on the back of signals from other international donors, including a $175 million Extended Credit Facility (ECF) grant from the International Monetary Fund (IMF).

NAP is an umbrella body of 250 non-governmental organisations.

By Blessings Cheleuka

Related posts

Airtel Malawi yataya ndalama (loss) zokwana K15 billion chaka chatha

Rabson Kondowe

Govt assures Malawians of improved livelihoods

Rabson Kondowe

AL MAHMOOD FOUNDATION REACHES OUT TO CYCLONE FREDDY SURVIVORS IN CZ

MBC Online
error: All Content is protected. Copyright © 2022. Malawi Broadcasting Corporation. All Right Reserved.