The Bank of Mozambique today kept its benchmark MIMO interest rate at 9.25% at the first monetary policy committee (CPMO) meeting under new governor Felisberto Dinis Navalha, while announcing a lending incentive for companies that replace imports or increase exports.
New Bank of Mozambique governor brings in export lending incentive, keeps rates unchanged
First monetary policy decisions under new governor Navalha indicate willingness to support Chapo administration's industrial policy
