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Friday, November 29, 2019

Malawi gets K27bn boost on Nacala road project – The Nation Online

Malawi gets K27bn boost on Nacala road project – The Nation Online: Minister of Finance, Economic Planning and Development Joseph Mwanamvekha has committed to prudent use of $36.7 million (about K27 billion) for the Multinational Nacala Road Corridor Development Project phase five.

The minister said in Lilongwe during the signing of the agreement with African Development Bank (AfDB)� group that government will endeavour to implement the project in accordance with the provisions of the financing agreements as well as Malawi’s own Public Finance Management rules.

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