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Macro Finance

$700 Cash Grants Transform Lives in Malawi

Bloomberg Markets·August 29, 2026·1 min read

GiveDirectly, backed by Canva, gives $700 to eligible adults in two Malawi districts, roughly annual income per person, with no restrictions. Recipients invest in businesses, livestock, and homes, testing whether large-scale cash transfers offer a more efficient development aid model.

Read at Bloomberg Markets
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