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Does Namibia Have Enough Money? – Windhoek Observer
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Does Namibia Have Enough Money? – Windhoek Observer
There is a deceptively simple question at the heart of Namibia’s economic debate: Does Namibia have enough money? At first glance, the answer appears to be no. Our country has a small economy, high unemployment, widespread poverty and inequality, an infrastructure deficit and a government that continues to rely heavily on borrowing to finance its obligations. According to the Ministry of Finance, public debt stood at N$167.2 billion, or 67.3% of…
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