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April 2023
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Circular No. MFISD-01-2020 April 27, 2023

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The National Bank of Ethiopia issued Circular No. MFISD-01-2020, temporarily relaxing certain regulatory requirements for microfinance institutions to help borrowers affected by the COVID-19 pandemic, including loan restructuring and suspension of certain provisions. The temporary measures, effective from June 1 to September 30, 2020, aim to mitigate the pandemic's economic impact and support viable businesses and individuals.