Namibia’s public debt expectations for the current financial year (FY) doubled to 69.6% of gross domestic product (GDP) as it failed to adhere to its own public debt target of.
The approval, on 28 September, follows an earlier loan tranche of 1.5 billion rands, which the Board approved for the program’s first phase in March 2021.
Namibia: African Development Bank Board approves $134.9 million loan for post-Covid-19 economic recovery support program phase II maravipost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maravipost.com Daily Mail and Mail on Sunday newspapers.