MW TO BENEFIT FROM MWK58. 9 BILLION AID BY NORWEGIAN GOVT

By Wilson Allan Phiri 

Malawi intends to boost its agricultural sector from the MWK58.9 Billion financial injection the government of Norway has pledged through the International Fund for Agriculture Development (IFAD) .

This follows Norway’s increased funding to IFAD member states, from the initial MWK 46. 2 Billion.

 This was disclosed on Monday when Norway’s Minister for International Development Anne Beathe Tvinnereim and her counterpart, IFAD President, Gilbert Houngbo toured the country.

Speaking to the press earlier after meeting President Lazarus Chakwera at Kamuzu Palace in Lilongwe, Tvinnereim said the country has enormous natural resources which can help grow the country’s economy.

The Minister said women and youth involvement in agriculture, has greater potential of transforming the whole sector into a productive hub to steer economic growth.

Addressing the media later after touring several sites of Sustainable Agriculture Production Program being implemented by IFAD, Tvinnereim said they are impressed that the program is changing lives of community.

Taking his turn, IFAD President Gilbert Houngbo applauded the Norwegian government for providing both Technical and Financial support towards their programs.