Govt looks to chip away at Pula�s value

Tuesday, January 09, 2018

The recent decision by the Ministry of Finance and Economic Development to shift the pula’s rate of crawl from upward to downward signals fiscal authorities’ desire to boost export competitiveness.

This, analysts have said, in the face of an overvalued currency.

In its annual review announced recently, the ministry shifted the rate of crawl from an upward climb of 0.26 percent last year, to a downward rate of 0.30 percent this year.

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