Windhoek: Why was credit crunched in April?
JoanJerome
May 16
Opinion leader moderate, Zhang Yun The new credit and social integration of $718.8 million in April and $12.2 trillion in April, respectively, were overstretched over a quarter, achieving an increase of the same proportion under the low-base effect of last year; credit and social integration increased by 11.8 per cent and 10 per cent, respectively, at a rate equal to the previous month. The collapse of credit in April was mainly due to seasonal effects, as well as the smoothing of credit deli...
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