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Malawi over-borrow by K59 billion in first quarter

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Malawi’s Treasury has admitted that it over-borrowed domestically in the first quarter of the 2013/14 National Budget by K58.7 billion between July 1 and September 30 this year to beef up state confers. The revelation comes in the back-drop of the infamous cash-gate that has seen money in excess of 100 billion being looted from the same […]

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