Govt borrows N$2bn from AfDB
Govt borrows N$2bn from AfDB

Govt borrows N$2bn from AfDB

Jo-Mare Duddy Booysen
The African Development Bank (AfDB) has approved another loan of about N$2 billion to government.
Finance minister Calle Schlettwein says this loan is on top of the N$10 billion government already owes the AfDB.
However, the loan was planned for won’t increase government’s budgeted debt burden, he said.
Read the full report tomorrow in Market Watch.

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Republikein 2025-05-14

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