Tag: Remittance

Home Remittance
Remittance inflows significant to Namibia’s economy
Post
July 27, 2023July 27, 2023Uncategorized

Remittance inflows significant to Namibia’s economy

by

Remittances, or money transferred by Namibians working abroad, make a significant contribution to the country’s economy and foreign currency earnings. According to the Bank of Namibia, remittance inflows in the country are estimated to be over N$1.5 billion annually. In Namibia, remittance inflows mostly come from Canada, the United States, and parts of Europe such...