"Commercial banks have also been increasingly required to finance the Treasury through government bonds, crowding out the private sector and restricting its access to financing.
At the same time, cash circulating outside the banking system reached record levels after the authorities retreated from earlier policies encouraging electronic payments, integrating the informal economy and reducing cash transactions."
Framing: assertive ·
First seen: 2026-09-03 ·
Last seen: 2026-09-03 ·
Spread: 1 articles