Thereafter, as improvements in the corporate sector originating from exports are expected to spill over to the household sector, the growth rate of the economy is likely gradually to rise. Financial conditions, with some lingering severity, have shown increasing signs of easing.
Ladies and Gentlemen; to achieve the above, and in preparation to regulate and supervise the institutions that will be licensed under the Microfinance Act, the Central Bank is deeply involved in its capacity as well as the microfinance industry’s capacity, in collaboration with key microfinance stakeholders.