Namibia records N$12.4 billion import bill
Petroleum oils account for 17.4%
As at 31st March 2023, the stock of international reserves stood at N$48.5 billion, estimated to cover 5.1 months of imports.
High prices of commodities for which Namibia is a net importer could weigh on the country’s economic growth forecast for 2023.The Bank of Namibia identified the high costs of key
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