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Watch: Business Confederation says Central Bank’s measures to cause more losses – Mozambique
1:12 CAT | 26 Oct 2016
TVM / CTA's spokesman Eduardo Sengo
The Confederation of Business Associations of Mozambique (CTA) has rejected recent measures implemented by the Central Bank and warns that they will cause more losses.
The CTA says that the increase in benchmark interest rates announced by the Bank of Mozambique last Friday will not solve inflation, and is already having a negative impact on the national economy by endangering investment.
Source: TVM
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