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Wednesday, April 18, 2018

Malawi 2017 External Debt Rises to Record $2.06 Billion - Bloomberg

Malawi 2017 External Debt Rises to Record $2.06 Billion - Bloomberg: "
Malawi 2017 External Debt Rises to Record $2.06 Billion
By Frank Jomo
17 April 2018, 12:10 CEST
Malawi’s external debt rose 11 percent in 2017 from a year earlier to reach 1.49 trillion kwacha ($2.06 billion), the highest since at least 1984, according the Reserve Bank of Malawi.

Debt servicing fell 24 percent to 23.8b kwacha, including interest payments of 12.7b kwacha, the central bank said in a statement on its website."



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