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Cirrus Capital flags tightening fiscal pressures on government
Published 9 months, 2 weeks ago
Description
A new Cirrus Capital analysis warns that the government is spending faster than it is generating revenue, increasing the risk of cash shortages that could affect social services and payments to suppliers.
Speaking to Desert FM, Cirrus Capital analyst Pandu Shaduka explains what recent developments, including the Eurobond repayment and the use of the sinking fund, reveal about Namibia’s fiscal position.