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Reserve Bank of Malawi ponders interest subsidies
Summary by Times Malawi
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Reserve Bank of Malawi ponders interest subsidies
The Reserve Bank of Malawi (RBM) considers scaling up interest rate subsidies and credit guarantees in the quest to enhance the flow of credit for industrial productivity amid structural imbalances that leave the economy wobbly. The central bank, whose primary mandate is price stability, in its attempts to stimulate production, faces a challenge in the cost of production that emanates from its own tight monetary policy stance that elevates preva…
·Malawi
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