Germany gives Malawi MK36bn for social protection sectors

Republic of Germany Tuesday  has provided Malawi with 45 million Euros (Mk 36 Billion) which will see improvement in the health, education and social protection sectors.

Minister-of-finance-Dr.Goodall-Gondwe-exchange-documents-with-the-Federal-Republic-of-Germany-Ambassador-to-Malawi-Jurgen-Borsch-at-Capital-Hill-C-Stanley-Makuti.
Minister of Finance Goodall Gondwe exchange documents  with Germany Ambassador to Malawi Jurgen Borsch at Capital Hill photo by Stanley-Makuti.
Minister-of-finance-Dr.Goodall-Gondwe-and-the-Federal-Republic-of-Germany-Ambassador-to-Malawi-Jurgen-Borsch-speaks-during-the-signing-ceremony-C-Stanley-Makuti
Gondwe and Borsch speaks during the  signing-ceremony-C-Stanley-Makuti

Speaking on Tuesday at Capital Hill in Lilongwe after signing the financial cooperation agreement, Germany Ambassador to Malawi, Jurgen Borsch said the support relates to the commitments that were made during the bilateral negations in October last year.

The Ambassador said just like Malawi, the Republic of Germany puts much emphasis on having an improved education and health systems and highly appreciates creation of jobs and income in rural areas.

“Today we have laid a cornerstone for our further cooperation in the areas of basic education, primary health services, social protection of the ultra poor and private sector development in rural areas,” Borsch said.

Under the bilateral cooperation with Malawi, Germany committed to support with 102 million Euros (Mk78.6 Billion) and the 45 million Euros is part of the package.

In additional to the financial cooperation, Germany also provided the country with 4million Euros (Mk3.1 Billion) as a response to the hunger crisis facing the country.

“Malawi also benefits from Germany’s one world – no hunger initiative and under this programme, money amounting to 16 million Euros were set aside for Malawi. But looking at the situation facing the country as a result of el Nino, we have decided to add another 4 Million Euros  making the total to 20 Million Euros,” he said.

Minister of Finance, Economic Planning and Development, Goodall Gondwe described the support as timely.

He said with the resources, he sees improvement in both education and health sectors.

Gondwe also hailed the social protection support which he said would benefit many rural Malawians.

“We are grateful to the Germany government for the financial assistance particularly the social cash transfer programme which has seen more rural Malawians being economically transformed,” Gondwe said.

The finance minister said out of the total amount, 10 Million Euros will be channeled to the health and education sectors while the remaining amount would be used in the social cash transfer programme.

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Money
Money
7 years ago

How do I sign up for the social cash transfer?

Mlenje
7 years ago

Bola zisalowe m’matumba

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