CBN closing tap on intervention funds as MPC members warned of inflationary consequence of disbursements

CBN closing tap on intervention funds as MPC members warned of inflationary consequence of disbursements: The regulatory bank has disbursed about N9 trillion to private sector firms in the last three years at concessionary rates to support growth but has only been able to recover only N3.7 billion out of the N9.3 trillion disbursed under the intervention schemes in the last four years.