Namibia Slightly Out of Junk - Moody's

12 December 2018

RATINGS agency Moody's last Friday rated the Namibian government as speculative, reflecting that although there are improving prospects for economic growth, the country is still risky to borrow to, Thus it maintained a negative outlook of the economy.

Economic Association of Namibia (EAN) research associate Klaus Schade explained that ratings such as affirmed by Moody's indicate the creditworthiness of a country.

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