Malawi gets US$340m

The Bank said the financial package, which is the fourth for Malawi, is under its new Country Assistance Strategy (CAS) expected to run between 2007 and 2010 and outlines a programme of International Development Association.

The CAS also outlines Analytical and Advisory Activities (AAA) and Economic and Sector Work (ESW) that will underpin financial operations,” says a World Bank statement from their Lilongwe offices.

The MGDS replaced the Malawi Poverty Reduction Strategy Paper (MPRSP) that phased out in June 2005 after operating for three years.

Timothy Gilbo, the Bank’s Country Manager for Malawi said the programme is fully aligned with MGDS and aims to support government’s efforts to achieve broad-based growth and poverty reduction.

“This programme which seeks to improve coordination and cooperation with Malawi’s other developing partners was developed in close collaboration with government and other stakeholders throughout Malawi,” said Gilbo.

The MGDS is developed on six priority areas of agriculture and food security, irrigation and water development, transport infrastructure development, energy generation and supply, integrated rural development and prevention and management of nutrition disorder and HIV.

These priority areas are premised on five thematic areas of sustainable economic growth, social protection, social development, infrastructure and good governance.

In order to implement the programme, Gilbo said the bank would focus on improvement of smallholder agricultural productivity and integration into agro-processing, long-term economic growth through improved infrastructure and investment climate, which will have to go together with sustainable improvements in expenditure management.

Gilbo said these achievements are directly linked to the MGDS, which will include budget execution and the accountability of the Malawi Civil Service. He said the bank would also focus on decreasing vulnerability at the household level to malnutrition as well as HIV and AIDS.

February 2007
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