Maravi

(NYASATIMES) Malawi unlikely to unlock donor aid, says World Bank

COMMENT - Why doesn't ms. Bloemekamp just come out and say that Malawi violated the international embargo of Zimbabwe and therefore must be punished? She works for the transnational corporations, and the trillionair banking dynasty that owns Anglo-American De Beers, which has the global monopoly on diamond mining. And they want Zimbabwe's diamonds. If the WB was really concerned about governance, they would have asked for accountability on the spending of donor aid. L

Malawi unlikely to unlock donor aid, says World Bank
By Agencies
October 27, 2011

Western nations are concerned by crackdowns on the press and opposition in Malawi, meaning the country is unlikely to unlock vital economic aid currently being withheld by donors, a World Bank official was quoted as saying on Thursday.

The government in Lilongwe also failed to implement key steps necessary for a proposed International Monetary Fund rescue plan, said Sandra Bloemekamp, the World Bank’s countrymanager in Malawi, according to the Nation newspaper.

Sandra Bloemekamp

Food and fuel prices are rising rapidly, while shortages of basic commodities are increasingly being reported, in part owing to the aid stoppage and a poor harvest of tobacco, a key export crop.

President Bingu wa Mutharika has fallen out of favour with donors over the past year, as complaints grow that opponents of the government are being stifled.

Foreign aid at times making up 40 per cent of revenue for the Malawian government.

In July, at least 20 people died during a police crackdown on demonstrations against the rising cost of living and upset over alleged human rights abuses.

Donors are demanding a full investigation into the deaths.

Labels: DONORS, NGOs, World Bank

posted by MrK @ 5:25 PM