Disaster Risk Management Trust Fund

Malawi signs US$46.27 million AfDB Budgetary support

The Malawi government has signed three grant agreements with African Development Bank (AfDB), totalling to US$46.27 million (about K81 billion) which is meant to address climate and economic shocks, strengthen agriculture as well as Humanitarian support for El Nino.

Unforeseen Expenditure allocation not enough to finance disasters

The Unforeseen Expenditure vote through which funding for disasters and natural calamities in the country is derived from, has not been adequate to cater...