President Dr. Lazarus Chakwera on Sunday left Malawi to the Republic of Kenya to participate in the World Bank’s International Development Association (IDA) Summit, slated for April 28th, 2024, in Nairobi.
Speaking before his departure at Kamuzu International Airport, Chakwera commended the World Bank for its unwavering assistance during Malawi’s periods of adversity. He underscored the pivotal role the World Bank plays in driving forward Malawi’s developmental endeavors, thereby fortifying the nation’s resilience.
“We are grateful for World Bank and for always being there when we are facing challenges. World Bank is also helping us make strides in actual development issues that will make Malawi more resilient, and all the development projects for instance irrigation, this will help this country to produce more and add value,” Chakwera said.
The World Bank has donated K100 billion Kwacha to support the country’s challenges caused by natural disasters like El Niño. This assistance comes in response to the President’s Declaration of Disaster in 23 districts affected by El Niño weather conditions.
President Chakwera’s participation follows an invitation extended by the President of the Republic of Kenya William Samoei Ruto, in acknowledgment of the World Bank’s recent approval of 100 billion Kwacha in support of Malawi’s endeavors to achieve food security.
The International Development Association (IDA) is a pivotal arm of the World Bank dedicated to aiding the world’s low-income countries. Through grants and low-interest loans, IDA facilitates investments in the future, enhances livelihoods, and fosters the creation of safer, more prosperous communities globally.
The Airplane carrying the Malawi leader departed the Kamuzu International Airport (KIA) at 14:00 hours and the President is expected to return home through the same airport on Monday 29th April 2024 at 17:00 hours.
