The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Domestic market debt makes up 63 per cent of total govt debt

Domestic market debt makes up 63 per cent of total govt debt

Written by Anna Salkeus on 24 May 2019.

WINDHOEK, 24 MAY (NAMPA) - Domestic market debt makes up 63 per cent of government's total debt amounting to about N.dollars 87 billion, down from 67 per cent in July last year.
Minister of Finance, Calle Schlettwein revealed this during a media conference held here on Thursday.
Domestic market debt amounted to close to N.dollars 54.9 billion at 31 May 2019.
Schlettwein said the government chose to use the local market to raise debt in order to help in the development of the local capital market by providin ...

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