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

Advancing economic status needs private sector diversification: Felipe

Advancing economic status needs private sector diversification: Felipe

Written by Anna Salkeus on 19 September 2019.

WINDHOEK, 19 SEP (NAMPA) - To avoid being trapped in middle-income status, Namibia needs to increase export and private sector diversification.
Asian Development Bank (ADB)'s Advisor for Economic Research and Regional Cooperation Department, Dr Jesus Felipe said this during a presentation on how Namibia can avoid a middle-income status trap during the Bank of Namibia's 20th Annual Symposium on Thursday.
A middle-income trap refers to having middle income status and struggling to attain a higher or advanced ...

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