IMF encourages Bahamas central bank to launch asset registry
Recent initiatives to manage credit have been hampered by bottlenecks, IMF report says
The International Monetary Fund has advised the Central Bank of Bahamas establish an asset registry to improve the transmission of policy rates to lending rates.
During 2020, the central bank focused on maintaining an adequate level of international reserves and sustaining the flow of credit within the economy to combat the effects of the pandemic.
However, in the IMF’s latest assessment of the Caribbean country, fund staff noted the transmission of policy rates to lending rates had been
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