Site icon UBN

Inflation should drop to 6.2% next year, a fall that should pull down interest rates,

Inflation should drop to 6.2% next year, a fall that should pull down interest rates,

Inflation should drop to 6.2% next year, a fall that should pull down interest rates, the IMF Representative predicted. “The level of interest rates currently stands at more than 18% per annum,” he said. “Obviously, under such conditions it is difficult to finance investments by borrowing from a bank. The way to solve this problem is to reduce inflation.”

Exit mobile version