Balanced policies needed to improve Namibia’s rating – New Era

WINDHOEK – Namibia needs smart policies that balance the need to address the major social challenges of poverty, inequality and unemployment, coupled with having to remain attractive to domestic and foreign investors, analysts and economists said this week. Such policies require a continuation of the close cooperation between the public and private sectors, which if implemented effectively will eventually boost the country’s international credit rating…

According to the research associate at the Economic Association of Namibia, Klaus Schade, while much emphasis is placed on regular economic statistics, such as quarterly GDP figures and quarterly trade statistics, these statistics have to be complemented by social statistics, such as regular labour force surveys that are currently not even conducted on an annual basis…