ZANACO Projects Tight Liquidity

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ZANACO has projected an end year inflation of 10.46 per cent this year premised on increased prices of basic commodities. ZANACO has further indicated an expected slowdown in economic growth to 3.0 per cent in 2019, 2.8 per cent in 2020 and 2021. This is contained in the bank’s Economic insights mid-year report, where it notes low aggregate demand for goods and services due tight liquidity conditions.

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