Malawi: Malawi Govt Releases K85.5bn for Constituency Development Projects
[Nyasa Times] Government has released K85.5 billion to local councils under the reformed Constituency Development Fund (CDF), enabling contractors to begin implementing community projects and pushing total CDF-related releases since April to nearly K145 billion.
Malawi's government has released K85.5 billion to local councils under the reformed Constituency Development Fund (CDF) for constituency development projects. This marks the largest single disbursement in the statement, with the total CDF-related releases since April reaching nearly K145 billion. The funds cover 30 of the country's 36 local councils that have completed procurement processes and identified contractors, with the ministry stating that contractors are now expected to mobilise and begin works.
The September release is by far the largest single disbursement listed in the statement, with the September release alone accounting for about K93.85 billion. This comes on top of K15 billion released in April for youth and women loans and K18.84 billion released between May and August for project management costs, bringing the combined August-September figure to approximately K111.03 billion.
Brief written by urgent.news from AllAfrica's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
