{"id":26468,"date":"2022-07-10T21:30:18","date_gmt":"2022-07-10T21:30:18","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs"},"modified":"2022-07-10T21:51:45","modified_gmt":"2022-07-10T21:51:45","slug":"chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs","title":{"rendered":"Chakwera pleased with World Bank Group US$2bn commitments to Malawi programs"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>President Dr Lazarus Chakwera on Thursday met the World Bank Group\u2019s Country Director for Malawi, Ms. Mara Warwick as the financial institution has committed US$2 billion for the country\u2019s various development activities.<\/p>\n

President Chakwera said he invited the World Bank country director to express profound gratitude for the thriving partnership between my administration and the international financial institution.<\/p>\n

\u201cThe World Bank continues to support Malawi through a range of projects and programmes in various sectors, a portfolio valued at around US$2 billion.<\/p>\n

\u201cJust recently, the Bank approved support of US$60 million for the rehabilitation of the Kapichira Hydroelectricity Power Plant which was damaged by Cyclones early this year,\u201d said President Chakwera.<\/p>\n

He said other funding commitments include the US$187 million for the Sustainable Social Resilience and Livelihoods Support Project, US$134 million for the Shire Valley Transformation project, US$30 million for Africa Centre for Excellence and the Mpatamanga Hydroelectricity Power Plant Project.<\/p>\n

\u201cWe appreciate the support World Bank continues to give to Malawi in the ongoing negotiations with the International Monetary Fund (IMF) towards a new Extended Credit Facility that will resultantly play a critical role in our economic recovery strategy,\u201d he said. He said he has agreed with the Bank country director to continue engaging on all these pertinent matters as and when need arises.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. President Dr Lazarus Chakwera on Thursday met the World Bank Group\u2019s Country Director for Malawi, Ms. Mara Warwick as the financial institution has committed US$2 billion for the country\u2019s various development activities. President Chakwera said he invited the World Bank country director to express profound gratitude for the thriving partnership between my […]<\/p>\n","protected":false},"author":84,"featured_media":26467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,17],"tags":[233,371,234],"class_list":["post-26468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-sport","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"\nChakwera pleased with World Bank Group US$2bn commitments to Malawi programs - Malawi<\/title>\n<meta name=\"description\" content=\"President Dr Lazarus Chakwera on Thursday met the World Bank Group\u2019s Country Director for Malawi, Ms. Mara Warwick as th ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chakwera pleased with World Bank Group US$2bn commitments to Malawi programs\" \/>\n<meta property=\"og:description\" content=\"President Dr Lazarus Chakwera on Thursday met the World Bank Group\u2019s Country Director for Malawi, Ms. Mara Warwick as th ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-10T21:30:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-10T21:51:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/07\/postQueueImg_26-62cb49cd62134.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Chakwera pleased with World Bank Group US$2bn commitments to Malawi programs\",\"datePublished\":\"2022-07-10T21:30:18+00:00\",\"dateModified\":\"2022-07-10T21:51:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs\"},\"wordCount\":241,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/07\/postQueueImg_26-62cb49cd62134.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"homepage-english\",\"sport\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-pleased-with-world-bank-group-us2bn-commitments-to-malawi-programs\",\"name\":\"Chakwera pleased with World Bank Group US$2bn commitments to Malawi programs - 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