India provides Malawi with US$215.68 million line of credit for water supply projects
By Duncan Mlanjira On behalf of the Minister of Finance, Economic Planning and Development, Malawi High Commissioner to India, George Mkondiwa on Friday, June 12 signed a US$215.68 million Line of Credit (LoC) for drinking water supply projects for Blantyre and Southern Region Water Boards. A statement from the Malawi High Commission in New Delhi says Mkondiwa signed the LoC with the Chief General Manager of Exim Bank in India, Sudatta Mandal. The LoC will be used for construction…