Debt Crisis Forces Malawi to Depend on Grants

Malawi is increasingly depending on grants instead of loans from international lenders because of the country’s growing debt crisis and weakening economy, the African Development Bank (AfDB) has said. According to the AfDB, Malawi’s economic situation has worsened so much that the country can no longer easily access development loans and is now mainly receiving […]

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المصدر: Nyasa Times (Malawi)