Central Bank Can't Solve Economic Crisis Alone

Episode 2361,   Jun 06, 2023, 07:14 AM

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The governor of the Central Bank, Johnny Ohisa Damian says diversification of the economy is the only way to rescue the run-away inflation as dependency on oil revenues become unreliable. Ohisa says stability, infrastructure development, local food production can help rescue the economic crisis. Governor Ohisa said the central bank is applying policies such as term deposits to stabilize the markets.