{"id":55174,"date":"2023-12-24T21:33:15","date_gmt":"2023-12-24T21:33:15","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi"},"modified":"2023-12-24T21:54:12","modified_gmt":"2023-12-24T21:54:12","slug":"undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi","title":{"rendered":"Undule applauds World Bank\u2019s endorsement of budgetary support to Malawi"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Celebrated Governance and Human Rights Advocate Undule Mwakasungula has lauded World Bank\u2019s endorsement of budgetary support and Malawi\u2019s Development Initiatives, saying the package marks an important occasion in the country\u2019s move towards economic reform and progress.<\/p>\n

Mwakasungula, in a statement released on Thursday, said the gesture signals the global financial community\u2019s renewed confidence in Malawi\u2019s leadership and government.<\/p>\n

\u201cThis support from the World Bank is not merely an injection of funds; it is an affirmation of improving of the sound fiscal and macroeconomic policies. The package is a reflective of the trust and belief in the current leadership and administration\u2019s capacity to effectively manage the Malawi\u2019s economy,\u201d he wrote.<\/p>\n

\u201cImportant to say, the impact of the World Bank\u2019s position on Malawi\u2019s future is profound. It tells a partnership that extends beyond financial support, fostering a collaborative environment where strategic policy-making and reforms are paving the way for sustained growth and prosperity.\u201d<\/p>\n

Mwakasungula further stated that the resumption of direct budgetary support to Malawi has renewed hope and optimism among Malawians that the country will eliminate the socio-economic challenges hindering development. He said the confidence reinstated by the World Bank\u2019s operation is not just in the country\u2019s economic prospects, but also in its governance.<\/p>\n

\u201cIt sends a positive signal to other international partners and investors regarding the improving, stability and potential of Malawi\u2019s economy. It is also imperative to acknowledge the government\u2019s role in winning back the confidence of international communities. The leadership\u2019s commitment to improved transparency, accountability, and prudent economic management has been central to this achievement. This is a sign to the government\u2019s dedication to improving the lives of all Malawians and steering the nation towards a more self-reliant future,\u201d said Mwakasungula.<\/p>\n

He added that the World Bank\u2019s endorsement is an important step forward for Malawi as it highlights the importance of international cooperation in national development and underlines the significance of optimism and commitment at all levels of governance.<\/p>\n

\u201cAs Malawi continues on its path of reform and development, this partnership stands as a cornerstone for future progress and gives hope for country \u2018s socio-economic revival,\u201d thus he concluded his statement.<\/p>\n

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

Africa-Press – Malawi. Celebrated Governance and Human Rights Advocate Undule Mwakasungula has lauded World Bank\u2019s endorsement of budgetary support and Malawi\u2019s Development Initiatives, saying the package marks an important occasion in the country\u2019s move towards economic reform and progress. Mwakasungula, in a statement released on Thursday, said the gesture signals the global financial community\u2019s renewed […]<\/p>\n","protected":false},"author":84,"featured_media":55173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,371,234],"class_list":["post-55174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"\nUndule applauds World Bank\u2019s endorsement of budgetary support to Malawi - Malawi<\/title>\n<meta name=\"description\" content=\"Celebrated Governance and Human Rights Advocate Undule Mwakasungula has lauded World Bank\u2019s endorsement of budgetary sup ...\" \/>\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\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Undule applauds World Bank\u2019s endorsement of budgetary support to Malawi\" \/>\n<meta property=\"og:description\" content=\"Celebrated Governance and Human Rights Advocate Undule Mwakasungula has lauded World Bank\u2019s endorsement of budgetary sup ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi\" \/>\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=\"2023-12-24T21:33:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-24T21:54:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/12\/sm_1703442101.91607.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"803\" \/>\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=\"2 minutes\" \/>\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\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Undule applauds World Bank\u2019s endorsement of budgetary support to Malawi\",\"datePublished\":\"2023-12-24T21:33:15+00:00\",\"dateModified\":\"2023-12-24T21:54:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi\"},\"wordCount\":392,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/12\/sm_1703442101.91607.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/undule-applauds-world-banks-endorsement-of-budgetary-support-to-malawi\",\"name\":\"Undule applauds World Bank\u2019s endorsement of budgetary support to Malawi - 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