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• News Headlines>>   Interest Rates Cannot Come Down- Kofi Amoabeng

Banks are blaming the current structural challenges inherent in the economy for the high interest rate regime.

According to them, it will be difficult to see a drastic cut in lending rates because of the risk associated with lending, high default rate and government’s inability to pay monies owed contractors on time.

These were some of the views put forward by commercial banks at a meeting o  ...Read More