{"id":175747,"date":"2024-07-03T01:35:18","date_gmt":"2024-07-02T23:35:18","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/namibia\/namibias-deficit-widens-to-n114-billion-in-first-quarter\/"},"modified":"2024-07-03T01:35:18","modified_gmt":"2024-07-02T23:35:18","slug":"namibias-deficit-widens-to-n114-billion-in-first-quarter","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/namibia\/namibias-deficit-widens-to-n114-billion-in-first-quarter\/","title":{"rendered":"Namibia&#8217;s Deficit Widens to N$11,4 Billion in First Quarter"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"15\"><em>Namibia&#8217;s current account deficit widened to N$11,4 billion during the first quarter of this year.<\/em><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"13\">This is up from N$8 billion recorded a year earlier, official figures show.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"15\">This means the country imports a lot more than it exports, compared to previous years.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"25\">According to the Bank of Namibia&#8217;s June 2024 Quarterly Bulletin, this is primarily due to a decline in the merchandise trade balance and services account.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"13\">The report also attributes the decline to the government&#8217;s repayment of domestic&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202407020306.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Namibia\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/namibia\/\">Namibia<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Namibia&#8217;s current account deficit widened to N$11,4 billion during the first quarter of this year. This is up from N$8 billion recorded a year earlier, official figures show. This means the country imports a lot more than it exports, compared to previous years. According to the Bank of Namibia&#8217;s June 2024 Quarterly Bulletin, this is [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":175748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[723],"tags":[258,256,6495,14732,48935,724,9052,257,8710,254,10371],"class_list":["post-175747","post","type-post","status-publish","format-standard","has-post-thumbnail","category-namibia","tag-africa","tag-africa-news","tag-billion","tag-deficit","tag-n114","tag-namibia-news","tag-namibias","tag-news","tag-quarter","tag-south-africa-today","tag-widens"],"fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/175747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=175747"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/175747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/175748"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=175747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=175747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=175747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}