Circular published by BDL on new stimulus package. Interest rates slightly raised on productive sectors and some housing programs

The Central Bank (BDL) has launched a new stimulus program to subsidize housing loans and loans to the productive sectors.

BDL said in a new circular that it will subsidize up to $1 billion of loans this year. The loans denominated in lira that will be eligible for the subsidies total LL810 billion ($540 million) with the remaining $460 million consisting of loans denominated in US dollars. The dollar loans are mainly provided to the productive sectors.

The lion's share of the s...

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