02
Oct
Martin Endjala The Bank of Namibia has revealed that the total Central Government debt has risen on a yearly basis by 11.4 percent to N$145.6 billion at the end of June 2023, driven by an increase in both domestic and external debt. As a percent of Gross Domestic Product (GDP), total debt stood at 64.2 percent, representing an annual decline of 1.8 percent during the period under review, compared to the corresponding period in the previous year, which is 4.2 percentage points above the Southern African Development Community benchmark of 60 percent. This is according to BoN latest Quarterly September…