Spain gives Malawi K2.1 billion for social services
Spain will give Malawi a grant of $5 million (about K2 billion) to enable the country expand the frontiers of social services and the reach of the sanitation circle.
Foreign Affairs spokesperson Quent Kalichero said in New York on Wednesday that the grant will be given under a memorandum of understand that the two governments will sign on Friday.
“That’s correct. Ministers of Foreign Affairs of Malawi and Spain will on Friday sign a memorandum of understanding that will lead to the provision of a grant amounting to $5 million for social services and sanitation,” said Kalichero.
According to her, this is a welcome development at a time when the country needs resources to confront and overcome a myriad of social and economic challenges.
“The signing ceremony will take place right here in New York,” she said.
Spain’s capitalist mixed economy is the largest worldwide and the 5th largest in the European Union, as well as the Eurozone’s 4th largest.
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No free lunch. Spain is in economic dire straits at the moment. This is not a grant. I would have been comfortable if it was a loan. There is more we are not being told. This government is taking us for a ride.
Zithera Ma Allowance ANU Komweko Ku Newyork Sizifika Taaa Kuno Kumuzi !! Paja Nonse Munatengana Likukumwe !!!
Zero aid budget my foot,beggeng with a bowl is in our blood,beggars is what we are,poor Malawians with mega rich current and ex presidents
Spain is in economic mess, thely cant give you a grant of K2billion, they are coming to get returns worth over K100billion.
“Given or to be given” are you people aware of the economic status of Spain and how it is being figured among Euro zone countries. Spain like Greece are in economic tourmoil, unemployment us skyrocketing, prices of goods and services going up daily, demonstrations are order of the day. Dont be decieved.
Koma mayiyu anabadwa koma mumuuze kuti asamakonde media mopitiliza, media imakweza komanso imagwetsa.
for it is appreciable to aid the poor but i do Not find any wisdom in aiding the experts in the name of the poor
the Lord of host says through the voice of David can he who made the eye not able to see can he who made the ear not able to hear
ndiye wina azabenso tizapha ndithu
The money will just be squandered by these civil servants. It is not even an investment but meant for the bottomless pit of social service. 50 years from now it won’t have made an impact. Those who will eat it will still be wanting more then.
Quent is cute is she hooked up?