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As the government strive to improve the quality of education in the country, World Bank has given Malawi a loan of 33.5 billion kwacha for the implementation of the Skills Development Project in various Universities and the Malawi Social Action Fund-MASAF 4.
Under the Project, Universities will increase intake of students as well as construct of additional infrastructure.
The MASAF 4 Project will see government continuing with provision of social cash transfers to the sick, elderly and the poor.
Speaking at the signing of the two loan agreements in Lilongwe, World Bank Country Manager Laura Kullenberg said the two projects were aimed at reducing rural poverty and improve the standards of University education.
The Minister of Finance, Economic Planning and Development Goodall Gondwe who represented the Malawi government thanked the bank for the support.
