WINDHOEK, Dec. 15 (Xinhua) -- Namibia's government debt stock saw a significant increase in the fiscal year ending September 2023, despite a decrease in government loan guarantees, the central bank reported Friday.
According to the Bank of Namibia's (BoN) December 2023 quarterly bulletin, the government's debt stock accounted for 64.8 percent of the gross domestic product (GDP) by September 2023, marking a 2.3 percentage points decrease from the previous year.
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