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Taxpayers face N$11.8bnin state-backed debt

Source: The Namibian · 2026-10-27T09:45:28.000Z · Politics

Taxpayers face N$11.8bnin state-backed debt

State-owned enterprises are paying less to the government while taxpayers remain exposed to N$11.8 billion in state-guaranteed debt, as falling mining revenue adds pressure to public finances. The amount is equivalent to 4% of Namibia’s gross domestic product, highlighting the financial risk the government faces if public enterprises struggle to repay their loans. The pressure […] The post Taxpayers face N$11.8bnin state-backed debt appeared first on The Namibian .

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