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Justin Sandefur: Donor cash to Malawi may service debt, not add real resources

Justin Sandefur: Donor cash to Malawi may service debt, not add real resources
Donor funds may not boost Malawi resources

Justin Sandefur raises questions about the impact of donor funds given to Malawi for cash transfer programs. He points out that even when $100 million is disbursed in local currency to recipients, the original dollar funds likely go toward servicing debt or strengthening reserves, rather than increasing real resources available in Malawi for now.

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