Impaired banking intermediation has become a central part of the problem

In January, banks’ credit to the private sector grew by 6.03 percent, the lowest in at least five years

The central bank’s move comes as credit flow to the private sector grew only 6.1 percent in December

Credit growth drops to its lowest in at least four years

While the government is distracted by elections, the financial economy will suffer

Interventions must involve fiscal policy to address our fundamental economic issues

Interventions must involve fiscal policy to address our fundamental economic issues

Specific policy incentives are needed to stimulate the economy and revive the labour market.

Private sector credit growth dropped to an 18-month low of 15.87 percent in July, as banks have adopted a “go slow” policy for loan disbursement to comply with the central bank's newly set loan-deposit ratio.