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Home » RBZ extends $7,5 billion to industry

RBZ extends $7,5 billion to industry

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THE Reserve bank of Zimbabwe (RBZ) says cumulative disbursements under its Medium-Term Bank Accommodation (MBA) facility stood at $7,5 billion for 2021, while the outstanding allotments are at $3,9 billion.

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In order to encourage domestic production, RBZ governor John Mangudya said the central bank maintained the Medium-Term Bank Accommodation Facility, which was introduced in November 2019.

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