Skip to main content

‘Revenue Will Overshoot Expenditure’

NewEra.com.na: "Economists expect a significant increase in the total revenue and a budget surplus due to the rise in the Southern African Customs Union (SACU) receipts, than projected for the 2008/9 financial year.

RMB Namibia CEO, Martin Mwinga, said the Government is financially sound, running at a surplus, with a debt to GDP decline of 24 percent last year from close to 40 percent five years ago, and “has the capacity to borrow and enough capacity to repay”."

Popular posts from this blog

Sudan poll boycott threatens peace

AlJazeeraEnglish — April 06, 2010 — South Sudan's main political party has announced a partial boycott of the elections scheduled for April 11. The Sudanese People's Liberation Movement (SPLM) has withdrawn its candidates from local and parliamentary polls in North Sudan.  A History of Modern Sudan