Central Bank of Congo: The key rate reduced from 14% to 9%
The Central Bank of Congo (BCC) has decided to ease the measures of its monetary policy by reducing the policy rate from 14% to 9%. This is the essence of the 3rd ordinary session of the Monetary Policy Committee chaired on Tuesday, April 30 by Deogratias Mutombo Mwana Nyembo.
At the same meeting, the Issuing Institute raised its economic growth rate from 5.1% to 5.9% in 2019 … read more …