8.5 C
Maseru
June 13, 2024
BusinessEconomy

CBL’S STATE ON TRENDS IN FINANCIAL MARKETS 

Maseru, Sept.26 — The global economic activity is reported to gradually continue recovering after being challenged by the effects of the COVID-19 pandemic as well as Russia’s invasion of Ukraine.

This was said by the governor of the Central Bank of Lesotho at the bank’s Monetary committee that its deliberations were centred on global, regional and domestic economic developments as well as the latest trends in financial markets. 

Speaking at this event, the Governor of the Central Bank of Lesotho Dr. Maluke Letete said that there are lingering challenges that are expected to slow down the global economy such as high inflation rates, policy tightening by central banks, high debt levels, deepening geo-economics fragmentation and rising climate change risks.

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