All supervisors, even if they sometimes complain about the operational burden – it takes a lot of time – are, I think, very committed, because everyone realises that this is a milestone on the road to recovery: do it well and recover credibility.
However, domestic interest rates continued to fall, given the persistent high level of liquidity, with CBB rates at around 2.0 percent and Treasury bill rates at around 3.0 percent. Total liquidity of the banking system further increased by 37.2 percent to K8,888.4 million in 2011, due to high Government expenditure and foreign exchange inflows.