Wholesale dominates share of credit at 28%—RBM - The Nation Online: Wholesale dominates share of credit at 28%—RBM
Orama Chiphwanya June 14, 2018 0 Comments
�
�
Economists have asked authorities not to be carried away by the notable dominance of the wholesale and retail trade sector, saying this translates little to economic growth.
The sentiments come in wake of Reserve Bank of Malawi (RBM) figures showing that wholesale and retail trade sectors have dominated the share of credit at 27.6 percent.
RBM first half economic and financial report published this week shows that wholesale surpassed agriculture, manufacturing and community services which constituted 26.6 percent, 17.3 percent and 10.7 percent of the credit stock, respectively.
Orama Chiphwanya June 14, 2018 0 Comments
�
�
Economists have asked authorities not to be carried away by the notable dominance of the wholesale and retail trade sector, saying this translates little to economic growth.
The sentiments come in wake of Reserve Bank of Malawi (RBM) figures showing that wholesale and retail trade sectors have dominated the share of credit at 27.6 percent.
RBM first half economic and financial report published this week shows that wholesale surpassed agriculture, manufacturing and community services which constituted 26.6 percent, 17.3 percent and 10.7 percent of the credit stock, respectively.
No comments:
Post a Comment