The Economic Recovery Strategy (ERS) for the period 2003-2007 emphasizes on the role of the private sector as the engine for economic growth, while the Investment Programme (2003) points out the need to enhance private ...

A key indicator of financial performance and efficient is the spread between lending and deposit rates. If this spread is large, it works as an impediment to the expansion and development of financial intermediation. This ...

With globalization has come increased emphasis on an outward- looking and a market-oriented economy. Consequently, the 1990s were associated with a greater degree of liberalization of the financial, foreign exchange ...