Increase in Monetary Policy rate will affect manufacturing sector – ZAM
Published On November 30, 2021 » 1559 Views» By Times Reporter » Business, Stories
 0 stars
Register to vote!

By STEPHANIE KUNDA and CHATULA KANGALI-
THE Bank of Zambia (BoZ) decision to increase the Monetary Policy Rate (MPR) from 8.5 per cent to 9 per cent will negatively impact the manufacturing sector, Zambia Association of Manufacturers (ZAM) has said.
ZAM states that the increase will cause a rise in the cost of production and trigger a rise in consumer goods.

Read more

Share this post
Tags

About The Author