borrowing from central bank

Budget Deficit Financing: Govt cuts BB borrowing to tame inflation

The government has started the fiscal year with the resolve to borrow less from the central bank to fund its budget deficit as it looks to rein in the runaway inflation to a tolerable level ahead of the polls.

August 17, 2023
August 17, 2023

Budget Deficit Financing: Govt cuts BB borrowing to tame inflation

The government has started the fiscal year with the resolve to borrow less from the central bank to fund its budget deficit as it looks to rein in the runaway inflation to a tolerable level ahead of the polls.