This archive report was first published on 5 November 2019.
As the debate on the interest rate cap law rages on, a section of Members of Parliament (MPs) has come out in support of retaining the law. However, their stance is misguided, given the law's impact on the economy.
On November 5, 2019, the MPs' position was highlighted in a publication, emphasizing their opposition to the removal of the interest rate cap. However, their arguments have been met with skepticism by many, who argue that the law has stifled economic growth.
