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Namibia: PDM calls for urgent parliamentary action to protect debt-ridden Namibians – News

Namibia: PDM calls for urgent parliamentary action to protect debt-ridden Namibians – News

Africa Links 24 with Tracy Tafirenyika
Published on 2024-09-19 07:08:45

Popular Democratic Movement (PDM) member of parliament Inna Hengari says the growing number of Namibians who are in debt and struggle to pay their loans is concerning.

She says the debt crisis, particularly among civil servants, is a matter of urgent concern.

Hengari said this in the National Assembly on Wednesday.

“When a significant portion of the population is in debt, it weakens the entire financial system,” she said.

She said Namibians are increasingly taking out loans…

Read the Full article on The Namibian

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