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Thursday, October 10, 2019

Reserve Bank of Malawi upbeat on private sector credit growth - The Times Group Malawi

Reserve Bank of Malawi upbeat on private sector credit growth - The Times Group Malawi: The Reserve Bank of Malawi (RBM) has expressed confidence that the recent pick-up in the economy coupled with declining interest rates would see continued growth of private sector credit.

This, the central bank say, would result in growth of the private sector and the creation of jobs opportunities.

Real private sector credit growth was recorded at 10.9 percent in July 2019, after mostly being negative since 2012

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