Namibia’s debt on course for 70 per cent of GDP without reform: Uanguta

NAMPA

2026-06-08

WINDHOEK, 08 June 2026- Bank of Namibia Governor Ebson Uanguta presents the macroeconomic and fiscal outlook shaping Namibia’s budget reform agenda at the one-day implementation planning workshop in Windhoek on Monday. (Photo by: Chelva Wells) NAMPA

WINDHOEK, 08 JUN (NAMPA) – Bank of Namibia (BoN) Governor, Ebson Uanguta on Monday warned that Namibia’s public debt could rise to 70 per cent of gross domestic product by the end of the current fiscal year if the government does not implement meaningful expenditure reforms.
Presenting the economic context at the 2026/27 Budget Reform Roll-Out Workshop in Windhoek, Uanguta said the country’s debt had already exceeded the 60 per cent of GDP benchm...

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