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Namibia’s Rating Stable Amid High Debt – News Stand

Summary by observer24.com.na
Niël Terblanché Fitch Ratings has affirmed Namibia’s long-term foreign currency issuer default rating, maintaining a stable outlook. Fitch also recognised Namibia’s BB country ceiling, one notch above the sovereign rating. The international rating agency pointed out the country’s relatively strong institutional framework and governance standards but cautioned that high public debt, fiscal deficits, and declining revenues present challenges to lon
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uneca.org broke the news in on Monday, May 26, 2025.
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