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East African banks raise bad loans provision to cushion distressed clients


East African banks raise bad loans provision to cushion distressed clients
Wednesday April 07 2021
Summary
Banks balance sheets look unfamiliar as lenders count the cost of setting aside large sums of money to absorb shocks of loan defaults.
According to a report, Kenya and Ghana are the countries where banks look to have done precautionary provisioning as judged by the 2020 loan charge-off compared with their five-year average charge-off.
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Covid-19 pandemic has seen the world confront its biggest health crisis this century, posing one of the most disruptive periods to businesses, forcing banks to empathise with clients’ lost livelihoods and businesses by easing off on loan payment demands ....

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WFP Tanzania Country Brief, February 2021 - United Republic of Tanzania


WFP Tanzania Country Brief, February 2021
Format
USD 9 million six-month funding shortfall for refugee assistance
234,810 refugees and asylum seekers in camps supported with food assistance
Operational Updates
Support to refugee communities: The United Nations World Food Programme (WFP), United Nations High Commission for Refugees (UNHCR) and the Ministry of Home Affairs (MoHA) met to discuss and validate the 2020 Joint Mission Assessment (JAM) report findings and recommendations. The final JAM report will be shared early March with MoHA for approval.
WFP distributed only 68 percent of the minimum required kilocalories to the refugees hosted in camps in Kigoma region because of the continuing funding shortages. Nutrition support to vulnerable populations, however, was maintained at 100 percent. WFP is advocating for additional funding to support the provision of full rations to the refugees. Voluntary repatriation for the month of February 2021 stood at 2,5 ....

United Nations World Food Programme , Development Partners Group , Mission Assessment , United Nations High Commission For Refugees , Ministry Of Home Affairs Mo , National Microfinance Bank , National Multisectoral Nutrition Action Plan , Country Strategic , United Nations High Commission , Home Affairs , Climate Smart Agriculture Project , Ilindi Youth , National Microfinance , Imara Tech , Kakonko District Executive , Boresha Lishe , ஒன்றுபட்டது நாடுகள் உலகம் உணவு ப்ரோக்ராம் , வளர்ச்சி கூட்டாளர்கள் குழு , பணி மதிப்பீடு , ஒன்றுபட்டது நாடுகள் உயர் தரகு க்கு அகதிகள் , அமைச்சகம் ஆஃப் வீடு வாழ்க்கைத்தொழில்கள் மோ , தேசிய நுண்நிதி வங்கி , நாடு மூலோபாய , ஒன்றுபட்டது நாடுகள் உயர் தரகு , வீடு வாழ்க்கைத்தொழில்கள் , தேசிய நுண்நிதி ,