Inflation increased to 8.97% in January

The PPN has dropped by 8.24% in the past 12 months due to price increase in the economy The Consumer Price Index (CPI) for the month of January 2021 increased by 8.97% compared to the same month the previous year, according to the CPI Bulletin for March 2021 released by the National Statistics Bureau (NSB) […]

Stringent provisions in private money lending rules and regulations proposed

The new provisions, RMA expects, will bring more clarity on the obligations of lenders, borrowers and middle persons In a bid to curb illegal private money lending and put in stringent and stricter provisions, the Royal Monetary Authority (RMA) proposed amendment and insertion of new provisions on the private money lending rules and regulations. The […]