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Banks frustrating economic growth, says Mutati

MUTATI

HONE SIAME, Lusaka
MINISTER of Finance Felix Mutati says some commercial banks are frustrating Government’s efforts to grow the economy by not lowering further their lending rates.

Mr Mutati said in an interview yesterday that high interest rates have constrained access to credit and are unsupportive of sustainable economic growth.
He said it is disappointing that Government’s calls on commercial banks to reciprocate its goodwill of creating an enabling environment have not been heard.http://epaper.daily-mail.co.zm/




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