PSCE increased during first four months of 2019
Contributed by NAMPA.
WINDHOEK, 12 JUN (NAMPA) - Private sector credit extension (PSCE) growth rose marginally, while inflation remained stable during the first four months of 2019.
Bank of Namibia (BoN) Governor Iipumbu Shiimi said this during the Monetary Policy announcement for 2019 here on Wednesday.
The average annual growth rate of PSCE stood at 6,4 per cent in the four six months of 2019, higher than the 6,1 per cent recorded over the same period in 2018.
Shiimi attributed the growth in PSCE to utilisati ...