Ever heard of Malawi? Population 14.5 million. FY2013 USAID amount 145 millionSubmitted by go213mph on Mon, 01/28/2013 - 18:40
Malawi is among the world's least-developed and most-densely populated countries. Around 85% of the population live in rural areas. The economy is based on agriculture, and more than one-third of GDP and 90% of export revenues come from this. In the past, the economy has been dependent on substantial economic aid from the World Bank, the International Monetary Fund (IMF), and other countries.
In December 2000, the IMF stopped aid disbursements due to corruption concerns, and many individual donors followed suit, resulting in an almost 80% drop in Malawi's development budget. However, in 2005, Malawi was the recipient of over US$575 million in aid.
State Department and U.S.Agency for International Development (USAID)-administered bilateral assistance to Malawi totaled over $172.6 million in FY2011; an estimated $166.7 million in FY2012; and $145.8 million in requested funds for FY2013.
"Malawi: Recent Developments and U.S.Relations"