Tag: COVID19

IGAD Finance Ministers Commit to Establish Emergency Fund to Combat COVID-19

CORONAVIRUS UPDATE

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The Ministers of Finance from the Intergovernmental Authority (IGAD) member states have committed to raise emergency fund to combat COVID-19 and mitigate its adverse economic effects.

The IGAD Executive Secretary Dr Workneh Gebeyehuconvened a video teleconference for the Finance Ministers on Thursday following the meeting of the regional Health Ministers the previous day.

The video teleconference was chaired by the Minister of Finance of Sudan, Dr. Ibrahim Elbadawi and attended by his counterpartsIlyas Moussa Dawaleh of Djibouti, Ahmed Shide of Ethiopia, Amb. Ukur Yatani Knacho of Kenya, Garang Mabior of South Sudan and Uganda’s Matia Kasaija.

The Minister of Finance of Sudan expressed the willingness of his country to ensure that ‘the COVID-19 doesn’t translate into a recession curve’ for the region and its people.

“The IGAD region ‘cannot afford to be complacent’ in the face of the current threat.

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COVID-19 Relief Loan Programs – Finance Authority of Maine (FAME)

These loan programs are available to eligible Maine businesses and individuals/employees who experience hardships due to COVID-19:

For lenders

COVID-19 Relief Lender Insurance Program provides commercial loan insurance of 50-75% to lenders who make loans to Maine businesses experiencing interruption or hardship due to COVID-19.

For businesses

COVID-19 Relief Interim SBA Finance Loan Program provides FAME Direct Loans of up to $100,000 with special terms available to eligible borrowers who provide proof of commitment for SBA financing. The FAME loan would be originated for use to the business owner until the SBA loan is funded. The SBA loan would then pay-off the FAME loan.

COVID-19 Relief Business Direct Loan Program provides FAME Direct Loans of up to $50,000 with special terms available to Maine-based businesses experiencing interruption or hardship due to COVID-19.
Please see Important Notice regarding this program.

The Maine Department of Economic and Community Development has compiled a

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An update from the Faculty of Business and Economics regarding COVID-19

In a world that is faster, more uncertain and more global, Melbourne Business School has graduate programs that meet the needs of business professionals at critical stages of their careers.

Professor Ian Harper
Professor Ian Harper

Our portfolio ranges from programs for new graduates and early career professionals, to budding entrepreneurs and those taking the next step to lead organisations.

Our MBA suite recognises that managers deliver results through and with others. This is why the cohort experience, networking opportunities and career support services are an integral, carefully crafted part of the MBS experience.

Our Executive MBA suite enables senior leaders to unify and broaden their skill set to effectively lead organisations.

If you are a business professional pursuing a deep specialisation in Accounting, Actuarial Studies, Economics or Finance, you will be learning from people at the top of their fields. Our programs equip emerging leaders with the knowledge, research insights and

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