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Saturday, 3 May 2008

Britain Commits Millions of Dollars to Malawi Budget

Britain will commit US$180 million towards budgetary support during Malawi’s 2007/08 fiscal year, the head of Britain’s Department for International Development (DFID) in Malawi, Nick Dyer, said here Friday.

The funding, Dyer said, will reinforce his country’s commitment to helping Malawi build a better future.

“Our support will help the government make the economy stronger, thereby bring more Malawians out of poverty,” he said, adding that the funding will directly fund the development of agriculture, including the fertilizer subsidy program and maize markets, health services and the country’s response to HIV and Aids.

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