Home Africa Namibia: Namibia repays N$3.9b IMF emergency loan, zero outstanding balance – News

Namibia: Namibia repays N$3.9b IMF emergency loan, zero outstanding balance – News

Namibia: Namibia repays N.9b IMF emergency loan, zero outstanding balance – News

Africa Links 24 with The Brief
Published on 2026-05-02 07:36:18

Namibia has fully repaid its N$3.9-billion emergency loan from the International Monetary Fund (IMF), bringing its participation in the Rapid Financing Instrument (RFI) programme to an end.

According to ministry of finance spokesperson Wilson Shikongo, the final repayment was made on 15 April, reducing the outstanding balance to zero and formally closing the facility approved in April 2021.

“The last payment was made on 15 April. To this effect, the IMF RFI has now been fully…

Read the Full article on The Namibian

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