Germany remains committed to supporting Malawi
Germany ambassador to Malawi Dr. Peter Woeste has said Germany remains committed to supporting Malawi financially to overcome the current economic problems rocking the southern African nation.
Dr. Woeste told Zodiak in an exclusive interview following reports that all key donors including the Germans will hold their assistance to Malawi until 2015.
"We are not withholding aid, the money is coming and it will continue in the course of the year," said Dr. Woeste.
He added that so far Germany has already provided up to K5 billion for the Social cash transfer initiative which the Joyce Banda administration has included in its economic recovery plan.
The plan aims at cushioning Malawians against the rising cost of living in the wake of the 49 percent devaluation of the local currency.
Commenting on concerns that Germany is yet to provide direct budget support, being an influential member of the CABS group, Ambassador Dr. Woeste said his country is identifying equally critical areas to support Malawi.
He said during Germany's contribution to the Budget "is only 5 % of our total support to Malawi."
Germany's aid to Malawi goes to the sectors of Education, Health and Human rights