Dead-end debt

Government’s record deficit, resulting in a borrowing spree, means interest payments are now the third largest expense account in the budget.
Jo-Mare Duddy Booysen
Jo-Maré Duddy – Government will spend about N$1.2 billion more in 2020/21 on interest on its debt than on its entire development budget for Namibia.The Mid-Year Budget Review (M
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Namibian Sun 2025-07-04

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