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Sunday World
Economists warn against government’s plan to lower inflation target, fearing higher consumer interest rates. Deputy Finance Minister David Masondo hints at upcoming statement on inflation framework. Current target range is 3% to 6%, prompting Reserve Bank to raise rates above 6%. Inflation dropped from 5.3% to 2.7% between March 2024 and 2025. Independent economist Mandla Maleka criticizes the decision.
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