Public servants should not take debt crisis blame – Mwashindange
The Independent Patriots for Change (IPC) has warned the government against using the country’s growing public debt to justify cuts to public servants’ salaries, saying Namibia’s fiscal crisis is a governance problem rather than simply a wage-bill problem. IPC shadow minister of finance Michael Mwashindange said this on Tuesday, in response to the International Monetary […] The post Public servants should not take debt crisis blame – Mwashindange appeared first on The Namibian .
The Independent Patriots for Change (IPC) has warned the government against using the country’s growing public debt to justify cuts to public servants’ salaries, saying Namibia’s fiscal crisis is a governance problem rather than simply a wage-bill problem.
IPC shadow minister of finance Michael Mwashindange said this on Tuesday, in response to the International Monetary Fund’s (IMF’s) latest assessment, which puts Namibia’s public debt at about 67.1% of gross domestic product (GDP) at the end of the 2024/25 financial year.
