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Treasury to double private sector credit
Grace Phiri June 14, 2018 0 Comments
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Bankers Association of Malawi (BAM), a representative body of commercial banks,� has welcomed Treasury’s plans to double credit to the private sector in the next five years, but argued that sustainability will depend on macro-economic performance.
In an interview on Tuesday, BAM president Paul Guta observed that while the interest of the banking sector is to see credit extended to the private sector grow, the economy’s resilience and productivity will be key to achieving this plan.
Treasury to double private sector credit
Grace Phiri June 14, 2018 0 Comments
�
Bankers Association of Malawi (BAM), a representative body of commercial banks,� has welcomed Treasury’s plans to double credit to the private sector in the next five years, but argued that sustainability will depend on macro-economic performance.
In an interview on Tuesday, BAM president Paul Guta observed that while the interest of the banking sector is to see credit extended to the private sector grow, the economy’s resilience and productivity will be key to achieving this plan.
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