– The CTA was expecting incentives for the commercial banks for the temporary suspension of loan payments by their clients
– The measures need to be combined and strengthened with the rapid introduction of the Mutual Guarantee Fund
By Aurélio Muianga
Maputo (MOZTIMES) – The Confederation of Mozambican Business Associations (CTA) believes that the measures announced on Monday by the Monetary Policy Committee of the Bank of Mozambique (CPMO) are insufficient to stimulate recovery of the economy suffocated by the post-election tensions, which, between October and December 2024, resulted in the destruction of public and private property.
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