Popular Democratic Movement parliamentarian Inna Hengari says she is concerned about the accelerating debt-servicing burden, calling it an “interest cost trap.”
She said this on Tuesday while contributing to the recently tabled budget in the National Assembly.
Hengari said interest payments are forecast to reach N$16.2 billion in the 2026/27 financial year, equivalent to 17.7% of total revenue, up sharply from N$14.3 billion (16.4%) the previous year.
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