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.
Phillepus Uusiku
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 ...


Namibian Sun 2023-02-08

No comments have been left on this article

Please login to leave a comment