Government outlines Eurobond repayment plan amidst fiscal challenges

NAMPA
2025-03-27
WINDHOEK, 27 March 2025 - Minister of Finance, Ericah Shafudah speaks during the tabling of the 2025/26 national budget in Parliament on Thursday. (Photo: Contributed) NAMPA WINDHOEK, 27 March 2025 - Minister of Finance, Ericah Shafudah speaks during the tabling of the 2025/26 national budget in Parliament on Thursday. (Photo: Contributed) NAMPA
SWAKOPMUND, 27 MAR (NAMPA) - The Namibian Government has outlined a strategic plan to settle its US.dollars 750 million (N.dollars 13.6 billion) Eurobond, which matures on 29 October 2025.
A Eurobond is an international bond issued in a currency that is different from the currency of the country where it is issued. These bonds are used by governments and corporations to raise capital from international investors.
Namibia has previously utilised...
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