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

Wednesday, November 14, 2018
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.”

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