WINDHOEK, Oct. 6 — Namibia’s trade balance stood at a deficit of 4.9 billion Namibia dollars (about 320 million U.S. dollars) in August, surpassing the 3.7 billion Namibia dollars recorded in July and the 4.1 billion Namibia dollars in August 2022, marking the largest deficit year on year, according to the latest figures released by...
Fund says Namibia amongst few country that do not require loans from IMF Business Reporter THE International Monetary Fund has said that Namibiq’s fiscal deficit has narrowed considerably, from 8.6% in 2021/22 to 5.3% in 2022/23, as pandemic-related spending pressures eased, and measures were taken to contain the public wage bill growth and improve the...
The trade balance stood at a deficit of N$3.7 billion in July compared to N$1.5 billion and N$2.3 billion recorded in June 2023 and July 2022, respectively, according to the latest figures released by the Namibia Statistics Agency (NSA). During July 2023, Namibia’s export earnings decreased by 3.8% from N$8.6 billion recorded in the previous...
WINDHOEK, Aug. 2 — Namibia’s trade gap shrank to 1.4 billion Namibian dollars (about 94 million U.S. dollars) in June 2023, down from 2.8 billion Namibian dollars the previous month, according to the latest figures released by the Namibia Statistics Agency (NSA) Tuesday. Between June 2022 and June 2023, Namibia recorded no trade surplus whereas...
The country’s trade balance during June stood at a deficit of N$1.4 billion compared to a trade deficit of N$2.8 billion and N$129 million recorded in May 2023 and June 2022, respectively, the Namibia Statistics Agency(NSA) revealed Tuesday in the latest trade stats. According to the NSA, Namibia’s trade composition by partner showed that South...
Angola has predicted a deficit in General State Budget (OGE) 2023 of around 7.4 billion kwanzas by the end of the year. The Secretary of State for Finance and Treasury, Ottoniel dos Santos, released the statistics, based on projections of the Ministry of Finance on OGE 2023 execution. The studies are based on the price...