Parly Questions
Thursday, March 12, 2015
Response: The National Development Bank (NDB) finances high-risk ventures such as agricultural projects and startup businesses, which are very sensitive to natural disasters such as drought, and/or diseases.
In addition, the Bank has equally been adversely affected by reduced economic activity. The impact of these factors is increased in nonperforming loans, which has affected the level of profitability of the Bank. As a result, the Bank is anticipating reporting a loss for the financial year ended March 2014.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...