The ZiG was introduced in April this year as authorities fought to sustainably end the country’s exchange rate and prices crisis of the past few months.
World

Namibia seeks IMF funding to help fight COVID-19

  The Namibian government has approached the International Monetary Fund (IMF) for a 4.5 billion Namibian dollars ($274 million) emergency loan to help fight the COVID-19 pandemic, a Ministry of Finance spokesman said on Wednesday. “We submitted an application to IMF last week. We will assess the terms and conditions to see if they are…

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