{"id":26841,"date":"2022-07-16T21:06:55","date_gmt":"2022-07-16T21:06:55","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/government-debt-under-control-says-rbm"},"modified":"2022-07-16T21:24:32","modified_gmt":"2022-07-16T21:24:32","slug":"government-debt-under-control-says-rbm","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/government-debt-under-control-says-rbm","title":{"rendered":"Government debt under control, says RBM"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>Officials from the Reserve Bank of Malawi say the country\u2019s debt, which ballooned to unsustainable levels during the Democratic Progressive Party rule, is now under control. Figures from the central bank show total external debt reached K2.8 trillion as at the end of 2021.<\/p>\n<p>International financial institutions account for K1.9 trillion while bilateral development partners and commercial lenders had lent Malawi over K368 billion and K540 billion, respectively.<\/p>\n<p>This has put debt service cost and interest payment at K90.9 billion and K18 billion, respectively, exerting fiscal pressure and affecting space for development expenditure.<\/p>\n<p>This comes at the background of the country\u2019s efforts to find a plausible path to address the country\u2019s public debt which has passed the sustainable levels.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/malawi\">Malawi<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. Officials from the Reserve Bank of Malawi say the country\u2019s debt, which ballooned to unsustainable levels during the Democratic Progressive Party rule, is now under control. Figures from the central bank show total external debt reached K2.8 trillion as at the end of 2021. International financial institutions account for K1.9 trillion while [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":26840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12],"tags":[233,371,234],"class_list":["post-26841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Government debt under control, says RBM - Malawi<\/title>\n<meta name=\"description\" content=\"Officials from the Reserve Bank of Malawi say the country\u2019s debt, which ballooned to unsustainable levels during the Dem ...\" \/>\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\/government-debt-under-control-says-rbm\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government debt under control, says RBM\" \/>\n<meta property=\"og:description\" content=\"Officials from the Reserve Bank of Malawi say the country\u2019s debt, which ballooned to unsustainable levels during the Dem ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-debt-under-control-says-rbm\" \/>\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=\"2022-07-16T21:06:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-16T21:24:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/07\/postQueueImg_1-62d32c5993086.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"456\" \/>\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\/government-debt-under-control-says-rbm#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-debt-under-control-says-rbm\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Government debt under control, says RBM\",\"datePublished\":\"2022-07-16T21:06:55+00:00\",\"dateModified\":\"2022-07-16T21:24:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-debt-under-control-says-rbm\"},\"wordCount\":139,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-debt-under-control-says-rbm#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/07\/postQueueImg_1-62d32c5993086.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-debt-under-control-says-rbm#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-debt-under-control-says-rbm\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-debt-under-control-says-rbm\",\"name\":\"Government debt under control, says RBM - 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