President Banda, DFID boss discuss Malawi’s economic situation: $800m provided

President Mrs. Joyce Banda on Tuesday held an audience with Britain aid agency,  Department for International Development (DFID) top official  at Kamuzu Palace in Lilongwe, where among others they discussed on how to get Malawi’s economy back on track.

DFID Director General responsible for country programmes, Joy Hutcheon, told the media after the audience that Malawi’s economy can be recovered if resources to get the economy back on track are put in place.

She cited the country’s Economic Recovery Plan as one of the things which once implemented can turn the country’s economy back on track.

“Different sectors of Malawi’s economy need to come together and be more productive in order to bring the country’s economy back on track,” she said.

President Banda: Gets DFID support

Hutcheon emphasized on the need to improve on the country’s import cover and cut down on expenditure in order to stabilise the economy.

Meanwhile, DFID has provided US$800 million to keep the country’s economy on track.

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