CSPR casts doubt over targeted inflation of 6-8% owing to rise in Monetary Policy

By Jane Chanda  The Civil Society for Poverty Reduction (CSPR) is concerned that the government’s ambitious target of maintaining inflation within the 6-8 percent band may not be achievable, given the Monetary Policy Rate (MPR)’s significant increase in the last three years.  The Bank of Zambia (BoZ) recently raised the MPR to 14.5 percent from...

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