Government borrowing drives domestic credit

AdvertisementsZIMBABWE’S domestic credit grew by 22,79 percent in the third quarter of 2023, reaching $13,2 trillion, according to data from the Reserve Bank of Zimbabwe (RBZ). This growth was fuelled primarily by a $2,9 trillion increase in net government borrowing, which rose from a negative $321 million in June to a positive $2,6 billion by…

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