Search Results: "credit"
00:39Added 500 Views / 0 Likes
The International Monetary Fund has granted Morocco a two-year $3.5 billion credit line to boost inclusive economic growth. The fund expects the North African nation to reform its subsidies, pension and taxation systems. It's urged authorities to implemen
02:30Added 356 Views / 0 Likes
European Union Ambassador to Zimbabwe, Phillip van Damme, says the Zimbabwe government needs to fully implement the Lima Agreement in order to attract the required lines of credit to revitalize the ailing economy. He speaks with Nigel Mugamu of 263Chat. V
04:15Added 328 Views / 0 Likes
More data is coming in pointing to the damage being done by Kenya's interest rate caps. Inter-Bank lending has fallen by a third. 6 small banks, accounting for about 7% of sector assets, are struggling with non-performing loan ratios of over 20%, while th