Business

Maintain current monetary policy rate, BoZ told

TRYNESS TEMBO, Lusaka
The Centre for Trade Policy and Development (CTPD) has urged the Bank of Zambia (BoZ) to maintain the current monetary policy rate to provide space for fiscal measures to take effect.
Today, the central bank is expected to announce the first quarter monetary policy rate, which currently stands at 11.50 percent.
CTPD senior researcher Bright Chizonde said there is need to consider the liquidity situation, economic growth prospects and the already high cost of borrowing CLICK TO READ MORE


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