Trade deficits could weigh on foreign reserves
Consistent outflow of capital
Global oil prices, a weaker Rand exchange rate and higher commodity prices inflated the import bill.
Over the period January 2022 to November 2022, Namibia did not record any trade surplus, with the trade deficit averaging N$2.6 billion, according to statistics released by the Nam...
If you are an active subscriber and the article is not showing, please log out and back in. Free access to articles from 12:00.
Comments
Namibian Sun
No comments have been left on this article