The European Union (EU) has committed 352 million Euros [approximately K352 billion] in support to Malawi for the next three years.
In a statement dated January 7 2022, the EU says it has committed the funds under its 2021-27 Multi-Annual Indicative Programme (MIP) for Malawi.
“The programme has been developed in close consultation with Malawi Government, civil society organisations, including women and youth organisations, local authorities, representatives of the private sector, the United Nations (UN) and other partners and, of course, EU member states,” the statement reads.
The MIP is aligned with Malawi’s national development plan, Malawi 2063.
It says, for the period 2021-24, the EU would seek to reinforce bilateral cooperation in three main priority areas of green and resilient economic transformation, democratic and economic governance and human development and social inclusion.
The EU cites climate action, in line with the European Green Deal, gender equality and digital development as some of the cross-cutting priorities in the realisation of MIP objectives.
EU Ambassador to Malawi Rune Skinnebach hailed the long standing relationship between the union and Malawi.
“The European Union has a long standing partnership with Malawi. Today, we are marking a new step in our cooperation and, by committing ourselves to this long-term support, we do not only reaffirm the EU’s role as a reliable partner for Malawi for the future. We also demonstrate that EU-Malawi relations have developed from a donor-beneficiary relationship to a more mature and equal partnership characterised by shared responsibilities, interests and solutions,” he said.
The financial allocation for 2025-27 will be determined following a review scheduled for 2024.
The agreed priorities will be implemented in partnership with EU member states using a Team Europe approach