The Central Bank (BDL) has approved a new stimulus package of LL1,500 billion ($1 billion) for 2017, according to BDL's intermediate circular 444. The package consists of soft loans to banks at an interest rate of one percent.
This brings the amount of money injected in the economy under BDL's stimulus program to $5.4 billion. The program was first launched in 2013 and aims to boost lending at low interest rates to the private sector, mainly for small and medium enterprises (SMEs).
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