Madagascar: Central Bank Raises Key Interest Rate to 12.5% to Curb Inflation While Supporting Economic Financing
The Banky Foiben’i Madagasikara (BFM), Madagascar’s central bank, has decided to raise its key interest rate from 12% to 12.5% amid growing concerns over rising inflation. The decision, announced following a meeting of the central bank’s Monetary Committee, reflects its efforts to strengthen inflation control while avoiding excessive pressure on economic activity and access to […]
