1 Dec 2022
Econ Digest
A study and assessment on business accounts with outstanding debt conducted by the National Credit Bureau (NCB) shows that the recovery of the micro and super micro businesses remains fragile despite the fact that the COVID-19 crisis has subsided, and the economy is on the path towards recovery. As bleak prospects are seen in the wholesale and retail trade, repair of motor vehicles and motorcycles, construction, manufacturing, transportation and storage industries, the likely impact is that the micro and super micro businesses will continue to face a liquidity squeeze even after the COVID-19 crisis.... Read more
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