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Economists Predict Bumpy Road for Malawi's Economy in 2015

Economists in Malawi say the country is likely to continue facing financial challenges in 2015 unless the government can regain the confidence of donors, who are still withholding 40 percent of budgetary support due to the corruption scandal known as Cashgate. More than $30 million were looted from government coffers in the scandal, and several people, including government officials, were arrested. The withholding of donor aid has forced Malawi's government to pass what is known as...


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