Upper middle income classification continues to disadvantage Namibia

Contributed by NAMPA.

OPUWO, 04 JUN (NAMPA) – Namibia’s upper middle income classification continues to disadvantage the country’s ability to access soft loans, President Hage Geingob has said.
Delivering his sixth State of the Nation Address on Thursday, Geingob said he had a telephonic conversation with Canada’s Prime Minister Justin Trudeau earlier this week during which he amongst other raised the difficult situation so-called upper middle-income countries like Namibia find themselves in.
“We have maintained that ...