Debt increase no cause for concern

WHILE total Namibian debt increased from N$73.21 billion last year to N$80.64 billion in 2013, analysts say it is stable and not a cause for concern. Commenting on the recently released Bank of Namibia Selected Monthly Statistics for June 2013, Simonis Storm Securities (SSS) said in a report that year-on-year debt growth continues to temper.

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