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NAPPA

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Namibia

Namibia Progressive Party Plans N$30 Billion Loan Strategy to Address National Debt

The Namibia Progressive Party has announced its intention to borrow N$30 billion from global lenders to tackle the country's national debt if they secure presidential power. Namib Pulse says, of this amount, N$15 billion will be directed towards reducing part of the N$165.8 billion national debt, while the remaining N$22 billion is earmarked for infrastructure projects aimed at generating revenue to further pay down the debt. Penda Negonga, Co-Founder of […]

todayOctober 1, 2024 10

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