Govt failed to adhere to public debt target

35% of GDP set in FY2012/13
Public debt as a percentage of GDP is expected to reach 69.6% in FY22/23, peak at 71.0% in FY23/24 before declining somewhat to 69.8% in FY24/25.
Phillepus Uusiku
Namibia’s public debt expectations for the current financial year (FY) doubled to 69.6% of gross domestic product (GDP) as it failed to adhere to its own public debt target of 35 ...

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Namibian Sun 2023-02-08

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