It has been noted that Malawi has a weak public investment towards the country’s energy, water and sanitation sectors. According to the World Bank in its recently published Malawi Economic Monitor (MEM), the sectors face an investment gap of approximately $332 million [about K249 billion] per year.
In a statement accompanying the report, World Bank Country Manager Hugh Riddell also outlined that improving service in the energy sector will be challenging amidst the investment gps in the sector.On the other hand, the report has described the Tonse Alliance administration’s K60 billion Affordable Inputs Program (AIP) as unsustainable, calling on the administration to review it.
In the report, it has been outlined that AIP’s “huge financial costs make it impossible for the government to maintain the scheme in future”. The World Bank report comes following queries from the donor committee on agriculture over the efficiency of AIP.