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Private sector credit subdued

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Commercial banks’ credit to the private sector shrunk during a greater part of 2021, seen going down to 18.6 percent during the last quarter compared to the growth rate of 21.7 percent in the preceding quarter, figures from the Reserve Bank of Malawi indicate. As quoted by the Malawi Confederation of Chambers of Commerce and …

Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

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