Looking at the Reserve Bank of Malawi’s Monthly Economic Review, the December report has shown that credit to the private sector has increased by 13.2%.

Details of the report also show that the agricultural sector’s credit has expanded by a whopping K3bn.

However, RBM’s Governor Dalitso Kabambe outlined that it was the central bank’s goal to facilitate increased private sector credit against total domestic credit from an average of 9.6%-16% by 2021.