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INCREASING MONETARY POLICY RATE WILL DAMAGE ECONOMY, WARNS M’MEMBE

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INCREASING MONETARY POLICY RATE WILL DAMAGE ECONOMY, WARNS M’MEMBE Lusaka, Wednesday (May 15, 2024) Socialist Party (SP) President, Fred M’membe, has voiced concerns over the Bank of Zambia (BoZ) Monetary Policy Committee’s (MPC) recent actions, stating that the significant increase in the statutory reserve ratio is hindering businesses from accessing affordable credit, thereby exacerbating the […]

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