26.25% interest rate: Private sector fears loan repayment crisis

Members of the Organised Private Sector and economists have expressed fear over the latest hike in the nation’s benchmark interest (Monetary Policy Rate) by the Monetary Policy Committee, saying the decision could significantly hamper economic operators’ ability to repay their loans. At the end of its 295th meeting on Tuesday, the Governor of the Central … The post 26.25% interest rate: Private sector fears loan repayment crisis appeared first on Goldmyne TV.

  Updates   May 23, 2024   0   32  Add to Reading List
26.25% interest rate: Private sector fears loan repayment crisis

Members of the Organised Private Sector and economists have expressed fear over the latest hike in the nation’s benchmark interest (Monetary Policy Rate) by the Monetary Policy Committee, saying the decision could significantly hamper economic operators’ ability to repay their loans. At the end of its 295th meeting on Tuesday, the Governor of the Central …

The post 26.25% interest rate: Private sector fears loan repayment crisis appeared first on Goldmyne TV.

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