MPs oppose high increment for minimum paid-up capital for MDIs
The finance ministry plans to increase the amount through the instrument, from 25,000 currency points (sh500m) to 500,000 currency points (sh10b).
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MPs oppose high increment for minimum paid-up capital for MDIs
NewVision Reporter
@NewVision
MPs have opposed the high increment for minimum paid-up capital requirements for microfinance deposit-taking institutions from sh500m to sh10b.
They were discussing a report of the finance committee on the Financial