{"id":9460,"date":"2021-11-12T15:09:28","date_gmt":"2021-11-12T15:09:28","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank"},"modified":"2021-11-13T15:27:53","modified_gmt":"2021-11-13T15:27:53","slug":"lack-of-debt-transparency-worries-world-bank","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank","title":{"rendered":"Lack of debt transparency worries World Bank"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>A World Bank report has bemoaned lack of debt transparency in low income developing countries such as Malawi. According to the report, released on Wednesday, lack of transparency on debt issues threatens low income countries\u2019 ability to generate resilient and inclusive recovery.<\/p>\n

The report says nearly 40 percent of low income developing countries (LIDCs) have neither published debt data on the websites nor updated their debt data in the last two years.<\/p>\n

The report further says, when such data are available, it is only limited to central government loans and securities and excludes other public sector components and debt instruments.<\/p>\n

When addressing the United Nations General Assembly this year, President Lazarus Chakwera, who is also LIDCs president, asked developed economies and multilateral lending institutions to consider cancelling debts owed by poor countries including Malawi.<\/p>\n

Chakwera\u2019s remarks come at a time Malawi\u2019s debt levels have astronomically risen to K4.1 trillion in recent years. Ironically, the country\u2019s debt was cancelled in 2006.<\/p>\n

This year alone, Malawi is expected to cough around K376 billion of the K2.19 trillion, or 5.3 percent of gross domestic product, on interest repayment only.<\/p>\n

Meanwhile, Centre for Social Accountability and Transparency Executive Director Willy Kambwandira has challenged the government to address long\u2014 standing concerns about debt transparency and open up to Malawians on debt levels.<\/p>\n

\u201cIt is very important for any government to reveal to people sources of funding for infrastructural projects including levels of debt. We agree with the World Bank findings in the report,\u201d he said.<\/p>\n

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

Africa-Press – Malawi. A World Bank report has bemoaned lack of debt transparency in low income developing countries such as Malawi. According to the report, released on Wednesday, lack of transparency on debt issues threatens low income countries\u2019 ability to generate resilient and inclusive recovery. The report says nearly 40 percent of low income developing […]<\/p>\n","protected":false},"author":84,"featured_media":9459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,5,8],"tags":[233,371,306,234,929,537],"class_list":["post-9460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-malawi","tag-lazarus-chakwera","tag-malawi","tag-malawi-parliament","tag-world-bank"],"yoast_head":"\nLack of debt transparency worries World Bank - Malawi<\/title>\n<meta name=\"description\" content=\"A World Bank report has bemoaned lack of debt transparency in low income developing countries such as Malawi. According ...\" \/>\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\/lack-of-debt-transparency-worries-world-bank\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lack of debt transparency worries World Bank\" \/>\n<meta property=\"og:description\" content=\"A World Bank report has bemoaned lack of debt transparency in low income developing countries such as Malawi. According ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank\" \/>\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=\"2021-11-12T15:09:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-13T15:27:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-618fd94d8a46d.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"914\" \/>\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\/lack-of-debt-transparency-worries-world-bank#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Lack of debt transparency worries World Bank\",\"datePublished\":\"2021-11-12T15:09:28+00:00\",\"dateModified\":\"2021-11-13T15:27:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank\"},\"wordCount\":269,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-618fd94d8a46d.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Lazarus Chakwera\",\"Malawi\",\"malawi parliament\",\"world bank\"],\"articleSection\":[\"all news\",\"community\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank\",\"name\":\"Lack of debt transparency worries World Bank - Malawi\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-618fd94d8a46d.jpg\",\"datePublished\":\"2021-11-12T15:09:28+00:00\",\"dateModified\":\"2021-11-13T15:27:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"A World Bank report has bemoaned lack of debt transparency in low income developing countries such as Malawi. According ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-618fd94d8a46d.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-618fd94d8a46d.jpg\",\"width\":1920,\"height\":914,\"caption\":\"Lack of debt transparency worries World Bank\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/malawi\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lack of debt transparency worries World Bank\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#website\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/\",\"name\":\"Malawi\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/malawi\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Lack of debt transparency worries World Bank - Malawi","description":"A World Bank report has bemoaned lack of debt transparency in low income developing countries such as Malawi. According ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank","og_locale":"en_US","og_type":"article","og_title":"Lack of debt transparency worries World Bank","og_description":"A World Bank report has bemoaned lack of debt transparency in low income developing countries such as Malawi. According ...","og_url":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank","og_site_name":"Malawi","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-11-12T15:09:28+00:00","article_modified_time":"2021-11-13T15:27:53+00:00","og_image":[{"width":1920,"height":914,"url":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-618fd94d8a46d.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Lack of debt transparency worries World Bank","datePublished":"2021-11-12T15:09:28+00:00","dateModified":"2021-11-13T15:27:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank"},"wordCount":269,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-618fd94d8a46d.jpg","keywords":["Africa Press","Africa Press-Malawi","Lazarus Chakwera","Malawi","malawi parliament","world bank"],"articleSection":["all news","community","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank","url":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank","name":"Lack of debt transparency worries World Bank - Malawi","isPartOf":{"@id":"https:\/\/www.africa-press.net\/malawi\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-618fd94d8a46d.jpg","datePublished":"2021-11-12T15:09:28+00:00","dateModified":"2021-11-13T15:27:53+00:00","author":{"@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"A World Bank report has bemoaned lack of debt transparency in low income developing countries such as Malawi. According ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#primaryimage","url":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-618fd94d8a46d.jpg","contentUrl":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-618fd94d8a46d.jpg","width":1920,"height":914,"caption":"Lack of debt transparency worries World Bank"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/lack-of-debt-transparency-worries-world-bank#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/malawi\/"},{"@type":"ListItem","position":2,"name":"Lack of debt transparency worries World Bank"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/malawi\/#website","url":"https:\/\/www.africa-press.net\/malawi\/","name":"Malawi","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/malawi\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/posts\/9460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/comments?post=9460"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/posts\/9460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/media\/9459"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/media?parent=9460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/categories?post=9460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/tags?post=9460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}