The continuation of a tight monetary regime would have the following outcomes: persistence of high interest rate, deepening of the unemployment crisis, financial intermediation role of the banks will continue to be undermined, recovery of the real economy will remain sluggish, capacity of enterprises to create jobs would continue to be inhibited, stock market recovery would continue to be slow and ...
Nigeria: 'Retention of 12 Percent Mpr Insensitive' Says Chamber of Commerce
Vanguard (Lagos), 26 November 2012
The continuation of a tight monetary regime would have the following outcomes: persistence of high interest rate, deepening of the unemployment crisis, financial intermediation role of the banks will continue to be undermined, recovery of the real economy will remain sluggish, capacity of enterprises to create jobs would continue to be inhibited, stock market recovery would continue to be slow and ...
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