Domestic resources must be mobilizedto navigate financial challenges: !Gawaxab

Martin Endjala For Namibia to navigate its way out of daunting financial challenges, the country must first mobilise its domestic resources, build fiscal buffers and engage in structural reforms. “Namibia stacks up well despite the challenges posed by the country’s declining rate of Gross Fixed Capital Formation and the limited skills base. While these challenges are daunting, they are not insurmountable. To navigate our way out of these challenges, Namibia must first mobilise its domestic resources, build fiscal buffers and engage in structural reforms,” Bank of Namibia Governor, Johannes !Gawaxab said. !Gawaxab spoke at Bloomberg’s flagship event in Namibia titled…