Mutebile: Broke Gov't Can't Afford New COVID-19 Lockdown Rescue Packages

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BOU Governor Mutebile wants banks to redure cost of loans further.

BOU Governor Mutebile wants banks to redure cost of loans further.

In short
Governor Mutebile is also worried that the government’s capacity to respond to new emergencies is dwindling especially due to the high debt level, adding that even a new series of rescue packages might not be possible.

 

Mentioned: BOU

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