Economist Kabambe Proposes K100 Billion for District Councils to Spur Development

Former Reserve Bank of Malawi Governor, Dr. Dalitso Kabambe, has proposed that district councils be given at least K100 billion for development, saying this would help transform the districts and unlock the country’s economic potential.

Speaking at the Business Talk event held at the Bingu International Convention Centre in Lilongwe, Kabambe emphasized that the concentration of resources at Capital Hill is hindering development in other areas.

He believes that empowering district...