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Introducing Munafa, a program for financial independence

Introducing Munafa, a program for financial independence
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Sierra Leone s President Julius Maada Bio Unveils National Micro-Finance Programme, Explains Benefits of the Munafa Fund to Small Businesses – Sierra Leone State House – The Republic of Sierra Leone State House

Magburaka, Northern Province, Friday 12 February 2021 – His Excellency President Dr Julius Maada Bio has unveiled the Munafa Fund in Magburaka, northern Sierra Leone, after directing Minister of Finance, Jacob Jusu Saffa, to pronounce Le100 Billion for the National Microcredit Scheme for 2021 to 2023 to support small and medium enterprises. “Under the leadership of the Ministry of Finance and the Ministry of Trade and Industry, experts consulted stakeholders, businesses, commercial banks, and even Non-Governmental Organisations, nationwide. We are therefore pleased today to launch the National Micro-Finance Programme, the MUNAFA Fund. “For the first three months of this 2021, Government is disbursing Le26.05 Billion to 11 financial service providers. These Financial Service Providers will then go on to lend money out to 4,100 beneficiaries targeted in every district,” he said.

President Julius Maada Bio s New Year message to the nation

 2 January 2021 at 18:36 |  1695 views New Year’s broadcast to the nation by His Excellency Dr. Julius Maada Bio, President of the Republic of Sierra Leone, Freetown, 1st January, 2021 Fellow Citizens: 1. 2020 has been an exceptional year – a year in which the raging worldwide COVID-19 pandemic has killed over 1.7 million people including our fellow Sierra Leoneans at home and abroad; a year in which worldwide healthcare systems and economies have struggled; and, a year in which worldwide anxiety and fear have shaken hopes for the future. 2. We took a licking like all countries in the world and in the sub-region, but we have kept on ticking as a nation. We have demonstrated our unity, resilience, and perseverance as a nation. We have showcased leadership with empathy; churned out opportunity out of adversity; and continued keeping our promises to the nation for progressive and accountable governance of the state. In 2020, Sierra Leone has been recognised the worl

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