A planned deal to give Malawi $350 million in U.S. aid will not be signed this week because more talks are needed amid international concerns new laws curb individual freedoms, officials said Monday.
The Millennium Challenge Corporation announced the power projects in January.
U.S. Embassy spokesman Benjamin Canavan said officials from the program - which dates from George W. Bush's United States presidency - and the Malawi government have been working for three years "to develop a much-needed investment for Malawian people in the power sector."
Caravan did not say what was holding up the agreement nor when it would be finalized.
The delay comes after the German government announced it was decreasing aid to Malawi following Malawi's failure to repeal laws that criminalize homosexuality, and its enactment of laws seen as restricting media freedom.
Read the rest.
[If an item is not written by an IRMA member, it should not be construed that IRMA has taken a position on the article's content, whether in support or in opposition.]
No comments:
Post a Comment