Daan Strauss

Govt measures won’t save economy -NEF

Govt measures won’t save economy -NEF

Andrew Kathindi The Namibia Employers’ Federation (NEF) says the relief package announced by Social Security Commission (SSC) and the N$8.1 billion Ministry of Finance stimulus package are not enough to rescue the economy and businesses negatively affected by the outbreak of COVID-19 and the lockdown. This comes as the tourism sector, which was meant to benefit from government funding promised by the Ministry of Finance, is yet to receive its allocated N$400 million subsidy. “I think the relief packages announced by Finance and SSC were targeted where the most urgent needs are, and that was for the poorest of the…
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