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ISLAMABAD: The government is considering to remove age limit for entrepreneurs to qualify for concessionary loans to promote entrepreneurship, officials said on Friday.A meeting discussed removing. ....
ISLAMABAD: The government is considering to remove age limit for entrepreneurs to qualify for concessionary loans to promote entrepreneurship, officials said on Friday.A meeting discussed removing. ....
Daily Monitor Friday June 04 2021 Summary A loan is written off after a business has accessed and concluded that it cannot recover such money. Therefore, it is written to off reduce tax liability. Advertisement The banking sector wrote off loans worth Shs242.6b for the period ended December 2020, according to the Bank of Uganda Annual Supervision Report. The report, which highlights the performance of particularly the banking sector and the general outlook of the economy, indicates that because of the weak economic activity occasioned by Covid-19, supervised financial institutions saw a 46.9 per cent rise in aggregate write-offs, which was the highest increase since the 2007/08 financial crisis. ....
Indonesia has formed a task force that includes law enforcement officials to go after nearly $8 billion of unrepaid state funds handed out to bank owners during the Asian financial crisis in the late 1990s, ministers said on Friday. ....
Mozambique on Monday began construction of gas-to-power plant and transmission line projects worth $1 billion in the southern province of Inhambane as the government aims to boost energy supply. ....