Agribank laments 'difficult year'
Agribank CEO Sakaria Nghikembua says the continued contraction in government spending, the constant reliance on public funds for economic activities, combined with unfavourable climatic conditions, have exacerbated the recession, making it difficult for the economy to recover.
Namibia must invest more in climate resilience and create water networks across the country to minimise the impacts of droughts. This is according to Agribank CEO Sakaria Nghikembu
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