Malawian president lauds China for waiving African countries' interest-free loans

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Malawian president lauds China for waiving African countries' interest-free loans

STORY: Malawian president lauds China for waiving African countries' interest-free loans DATELINE: Sept. 24, 2022 LENGTH: 00:01:46 LOCATION: UN Headquarters CATEGORY: POLITICS/SOCIETY SHOTLIST: 1. wide shot of Malawian President Lazarus Chakwera walking to rostrum 2. SOUNDBITE (English): LAZARUS CHAKWERA, Malawian President 3. various of delegates STORYLINE: Malawian President Lazarus Chakwera praised China on Thursday for waiving interest-free loans for over a dozen African nations. The president made the remarks at the general debate of the 77th session of the UN General Assembly. SOUNDBITE (English): LAZARUS CHAKWERA, Malawian President "Recently, the Managing Director of the International Monetary Fund called on the world's major lenders to show leadership by relieving vulnerable countries of the debts that are shackling them, because even loans that were given and received in good faith have become unsustainable in the recent and current climate of relentless and unforeseen external shocks. I join h

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