GDP projections based on false assumptions: Smit

Contributed by NAMPA.

WINDHOEK, 10 NOV (NAMPA) – The foundations of the Gross Domestic Product (GDP) projections made by Minister of Finance Calle Schlettwein, are based on weak and false assumptions, Popular Democratic Movement (PDM) member Nico Smit has said.
Making his contribution on the Mid-Term Budget Review in the National Assembly (NA) on Thursday, Smit said the finance ministry did not make any progress in addressing issues that landed the country in financial trouble.
Schlettwein during his Mid-Term Budget ...