Day 16 Prayer Guide: Banks and Finance

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THURSDAY, 3rd SEPTEMBER 2020: INFORMATION & COMMUNICATION, TECHNOLOGIES

PRAYER GUIDE

ISAIAH 51:15-16 (NKJV)
15But I am the Lord your God,
Who divided the sea whose waves roared—
The Lord of hosts is His name.
16And I have put My words in your mouth; [Emphasis Added]
I have covered you with the shadow of My hand,
That I may plant the heavens,
Lay the foundations of the earth, [Emphasis Added]
And say to Zion, ‘You are My people.’”

JEREMIAH 1:9,10 (ESV)
Then the Lord put out his hand and touched my mouth. And the Lord said to me,
Behold, I have put my words in your mouth.
See, I have set you this day over nations and over kingdoms,
to pluck up and to break down,
to destroy and to overthrow,
to build and to plant.”

EZEKIEL 37: 3-5, 7, 9, 10
And he said to me, “Son of man, can these bones live?” And I answered, “O Lord God, you know.” Then he said to me, “Prophesy over these bones, and say to them, [Emphasis Added] O dry bones, hear the word of the Lord. Thus says the Lord God to these bones: Behold, I will cause breath to enter you, and you shall live….
So I prophesied as I was commanded. And as I prophesied, there was a sound, [Emphasis Added] and behold, a rattling, and the bones came together, bone to its bone…
Then he said to me, “Prophesy to the breath; prophesy, son of man, and say to the breath, [Emphasis Added] Thus says the Lord God: Come from the four winds, O breath, and breathe on
these slain, that they may live.” So I prophesied as he commanded me, and the breath came into them, [Emphasis Added] and they lived and stood on their feet, an exceedingly great army.

MARK 11:13-14
And seeing in the distance a fig tree in leaf, he went to see if he could find anything on it. When he
came to it, he found nothing but leaves, for it was not the season for figs. And he said to it, [Emphasis Added] “May no one ever eat fruit from you again.” And his disciples heard it. [Emphasis Added]

MARK 11:22-24
And Jesus answered them, “Have faith in God. Truly, I say to you, [Emphasis Added] whoever says to this mountain, [Emphasis Added] Be taken up and thrown into the sea,’ and does not doubt in his heart, but believes that what he says [Emphasis Added] will come to pass, it will be done for him. Therefore I tell you, whatever you ask in prayer, [Emphasis Added] believe that you have received it, and it will be yours.

GUIDING TEXT FOR THE FASTING SEASON

ISAIAH 32:1-8

1Behold, a king will reign in righteousness,
And princes will rule with justice.
2A man will be as a hiding place from the wind,
And a cover from the tempest,
As rivers of water in a dry place,
As the shadow of a great rock in a weary land.
3The eyes of those who see will not be dim,
And the ears of those who hear will listen.
4Also the heart of the rash will understand knowledge,
And the tongue of the stammerers will be ready to speak plainly.
5The foolish person will no longer be called generous,
Nor the miser said to be bountiful;
6For the foolish person will speak foolishness,
And his heart will work iniquity:
To practice ungodliness,
To utter error against the Lord,
To keep the hungry unsatisfied,
And he will cause the drink of the thirsty to fail.
7Also the schemes of the schemer are evil;
He devises wicked plans
To destroy the poor with lying words,
Even when the needy speaks justice.
8But a generous man devises generous things,
And by generosity he shall stand.

 

Day
Day of the Week
Date
Area of Focus
WEEK THREE
16 Thursday 3rd September 2020 Banks and Finance
17 Friday 4th September 2020 Domestic Revenue
18 Saturday 5th September 2020 Transport and Logistics
19 Sunday 6th September 2020 Manufacturing & Industry
20 Monday 7th September 2020 Entrepreneurship, Trade and Commerce
21 Tuesday 8th September 2020 Land Management
WEEK FOUR
22 Wednesday 9th September 2020 Water Management
23 Thursday 10th September 2020 Biodiversity & the Natural Environment
24 Friday 11th September 2020 Livestock, Fisheries and Agriculture
25 Saturday 12th September 2020 Energy
26 Sunday 13th September 2020 Minerals
27 Monday 14th September 2020 Tourism and Hospitality
28 Tuesday 15th September 2020 Housing and Construction
WEEK FIVE
29 Wednesday 16th September 2020 Entertainment and Celebration
30 Thursday 17th September 2020 Sports and Recreation
31 Friday 18th September 2020 International Cooperation
32 Saturday 19th September 2020 International Geopolitics
33 Sunday 20th September 2020 Africa, Israel and the Nations
34 Monday 21st September 2020 The Executive
35 Tuesday 22nd September 2020 Cabinet
WEEK SIX
36 Wednesday 23rd September 2020 Local Government
37 Thursday 24th September 2020 Public Service
38 Friday 25th September 2020 The Army and the Reserve Force
39 Saturday 26th September 2020 Border Control
40 Sunday 27th September 2020 Justice, Law and Order
41 Monday 28th September 2020 The Police and LDUs
42 Tuesday 29th September 2020 Prisons and Rehabilitation
WEEK SEVEN
43 Wednesday 30th September 2020 The Legislature
44 Thursday 1st October 2020 Political Organizations
45 Friday 2nd October 2020 The Electoral Commission
46 Saturday 3rd October 2020 The Electorate
47 Sunday 4th October 2020 The 2021 Elections
48 Monday 5th October 2020 Post- Election to Swearing-in
49 Tuesday 6th October 2020 Marketplace Restoration
CONCLUSION
50 Wednesday 7th October 2020 Dedicating the Decade 2020 -2029
Thursday 8th October 2020 Dedicating 2020/2021
Friday 9th October 2020 THANKSGIVING

DATES TO NOTE

CONCLUDING VIRTUAL CONFERENCE

Monday, 5th October to Wednesday, 7th October 2020 (6 pm to 9 pm)

CONCLUDING NIGHT VIGIL & DEDICATION OF 2020/2021

Thursday, 8th October 2020

BANKS AND FINANCE

A healthy financial sector is critical for the health of any economy. The financial sector is the part of the economy made up of firms and institutions that provide financial services to commercial and retail customers. Activities for individuals, organizations and societies are either financed by accumulated savings, or by loans of some sort from a third party. Uganda’s financial system is composed of formal institutions including banks, microfinance deposit-taking institutions, credit institutions, insurance companies, development banks, pension funds and capital markets. Semi informal institutions include savings and credit cooperative associations (SACCO) and other microfinance institutions, whereas the informal ones are mostly village savings and loans associations.

The Bible encourages the fostering of a saving culture and discourages the accumulation of debt. Money owed means labor owed and so it is prudent to choose one’s master carefully. In the two parallel parables of the talents told by Jesus in Matthew 25:14-30 and Luke 19:11-27, the two investing servants are praised by their master, and the third non-investor is chastised for being passive with the funds. In both versions of the parable, the master states similarly to the derided servant that ‘you should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest’ (Matthew 25:27). That is the very least the master expected of the servant, meaning that he expected better use of the entrusted resources.

Greed and problems connected with it are mentioned in numerous passages in Scripture. In both the Old and New Testaments there are warnings on the dangers of greed for wealth in general, and for money in particular.

SCRIPTURES FOR PRAYER AND PROCLAMATION

GENESIS 41:34-36
Let Pharaoh proceed to appoint overseers over the land and take one-fifth of the produce of the land of Egypt during the seven plentiful years. And let them gather all the food of these good years that are coming and store up grain under the authority of Pharaoh for food in the cities, and let them keep it. That food shall be a reserve for the land against the seven years of famine that are to occur in the land of Egypt, so that the land may not perish through the famine.”

PROVERBS 22:7
The rich rules over the poor, and the borrower is the slave of the lender.

PROVERBS 27:23-27
Know well the condition of your flocks, and give attention to your herds,
for riches do not last forever; and does a crown endure to all generations?
When the grass is gone and the new growth appears and the vegetation of the mountains is
gathered,
the lambs will provide your clothing, and the goats the price of a field.
There will be enough goats’ milk for your food,
for the food of your household and maintenance for your girls.

PROVERBS 28:8
Whoever multiplies his wealth by interest and profit gathers it for him who is generous to the
poor.

PSALM 37:21
The wicked borrows but does not pay back, but the righteous is generous and gives;

ECCLESIASTES 5:10
He who loves money will not be satisfied with money, nor he who loves wealth with his income;
this also is vanity.

PROVERBS 13:11
Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.

PROVERBS 23:4-5
Do not toil to acquire wealth; be discerning enough to desist. When your eyes light on it, it is gone,
for suddenly it sprouts wings, flying like an eagle toward heaven.

PROVERBS 22:16
Whoever oppresses the poor to increase his own wealth, or gives to the rich, will only come to
poverty.

MATTHEW 6:24
‘No one can serve two masters. Either you will hate the one and love the other … you cannot serve
both God and money.’

HEBREWS 13:5
Keep your lives free from the love of money and be content with what you have

1 TIMOTHY 6:10
For the love of money is a root of all kinds of evil.’

Luke 12:15
Be on your guard against all kinds of greed; life does not consist in an abundance of possessions’.

WORSHIP GOD THE CREATOR OF HEAVEN AND EARTH AND ALL IN THEM AND THE SOURCE OF ALL WEALTH

THANKSGIVING

  • Thank God, for services being offered by banks and other financial institutions.
  • Thank God for the leadership of the Ministry of Finance and the Central Bank in regulating the financial sector.

PROCLAMATION FOR THE FINANCIAL SECTOR

God is raising leaders for the banking and financial sector that will be resource stewards for
Uganda.

These are men and women that will have been delivered from the spirit of mammon and greed.

They will hate dishonest gain and will be accountable and generous.

The financial regulatory structure will sustain and foster liquid, fair, transparent, efficient, and
innovative capital markets.

The financial system will be governed by clear and predictable rules.

Thieves, speculator and international conmen will find it difficult to use the system to rob citizens of
their money.

Responsible risk-taking will be fostered while working to make the system more resilient

The needs of consumers and businesses will be met by access to a full array of choices to save, invest,
borrow, and plan.

The robust financial system will provide affordable credit to Ugandans.

There will be provision for workers to invest in their retirement.

There will be healthy indigenous community banks, online banks, credit unions, mid-sized banks,
regional banks, national and even international banks.

The culture will allow entrepreneurial risk-taking without leading to reckless risk-taking.

Uganda will have a vibrant, transparent, attractive, and fair financial system that powers our economic
engine and breathes life into the economy.

AMEN

 

 

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