|
AfDB Group's Malawi field office opens for business
THE AFRICAN Development Bank Group's Malawi field office is now open for business following the presentation of letters of accreditation by the resident representative, Frank Kufakwandi, to the country's foreign affairs minister, the Hon Joyce Banda, in Lilongwe.
Mr. Kufakwandi informed the minister about the Bank's appreciation of the country's macroeconomic stability, its growth rate of 8% in 2006, and its improved performance in the agriculture sector which recorded a bumper harvest during the 2006 season.
He emphasized the Bank's commitment to continue working with other donors in support of Malawi's Growth and Development Strategy in the domains of sustainable economic growth, social protection, social development, infrastructure, and good governance.
The field offices are part of the Bank Group's decentralization strategy aimed at strengthening its operations in regional member countries.
|
