MALAWI PRESIDENT TO SIGN US$350M INFRASTRUCTURAL DEVELOPMENT DEAL WITH US GOVT.

MALAWI PRESIDENT TO SIGN US$350M INFRASTRUCTURAL DEVELOPMENT DEAL WITH US GOVT.

President Dr. Lazarus Chakwera has arrived in Washington DC, US to sign the much-awaited US$350 million Millennium Challenge Corporation compact which is to give a facelift to the country’s infrastructure development. The US embassy says the US ambassador to Malawi, ambassador Young met President Chakwera in Washington DC on Tuesday to discuss the MCC compact signing and the important progress being made toward reaching an IMF agreement. “This is great news on the MCC compact…

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