09
Jan
Martin Endjala The Macroprudential Oversight Committee (MOC) of the Bank of Namibia, has determined that no further macroprudential policy intervention is required at this stage. The Bank will, however, continue to monitor the developments and when warranted, take the necessary remedial macroprudential action with the tools at its disposal. This is according to BoN Governor Johannes !Gawaxab, who shed light on the MOC's last meeting held last year on 07 December 2023 to assess potential risks and vulnerabilities in the Namibian Financial System. The Governor highlighted that following a comprehensive assessment of domestic and global economic conditions, the Committee deemed…