Containing rising inflation is necessary – BoN

Martin Endjala The Governor of the Bank of Namibia Johannes !Gawaxab says Monetary Policy must continue to contain rising inflation, while targeted support should be provided to cushion citizens from the impact. The Governor said this last week during an engagement with the Parliamentary Standing Committee on Economics and Public Administration, aimed at addressing domestic and global development. Discussions covered issues related to COVID-19 economic recovery initiatives, the Bank’s efforts to regulate banking fees and charges, currency arrangement, as well as Namibia’s progress in addressing the findings of the 2022 Mutual Evaluation. !Gawaxab said containing rising inflation is also matched…