New BoZ Act good for formulation of industry reflective to set up an electric car, MPR – Chipimo
Published On August 29, 2023 » 677 Views» By Times Reporter » Business, Stories
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. Chipimo

THE signing of the Bank of Zambia (BoZ) Act of 2022 will provide the necessary tools to develop a Monetary Policy Rate (MPR) that is more industry reflective, BoZ deputy governor- operations Francis Chipimo has said.
Dr Chipimo notes that the signing of the BoZ Act of 2022 into full effect early this month will give the central bank necessary tools to develop an MPR that is more industry reflective.
He was speaking during the launch of the results for the PricewaterhouseCoopers (PwC) 2022 and seventh Banking Industry Survey in Lusaka.

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