Bankers anticipate low interest rates with clinched debt deal
Published On June 28, 2023 » 792 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA –
THE Bankers Association of Zambia (BAZ) has said that it expects a low benchmark for interest rates following the debt restructuring deal that will widen Government’s resource envelope.
BAZ chief executive officer Leonard Mwanza says in an interview that the association anticipates reduced interest rates because the appetite from the Government to borrow from the local market would be reduced.

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