I. 🍃Introduction
- Definition of central bank and its role in controlling commercial bank lending
- Importance of discussing the pros and cons of limiting bank lending

II. Pros of limiting bank lending
- Preventing people from borrowing too much and getting into debt
- Avoiding bank collapses and ensuring effective economy
- Controlling aggregate demand and reducing inflation
- Improving current account position on balance of payments

III. Cons of limiting bank lending
- Pushing some people into poverty due to lack of purchasing power
- Causing unemployment and restricting economic growth
- Discouraging MNCs from setting up in the country
- Potentially worsening the state of the economy during a recession
- Forcing some people to borrow from unregulated lenders and getting into further debt

IV. 👉Conclusion
- Weighing the pros and cons of limiting bank lending
- Suggesting potential solutions or alternatives to address the cons while still achieving the pros
- Emphasizing the importance of considering the state of the economy and the impact on different groups of people when making decisions about bank lending limits.