Bank of Namibia

Brief History

Established under the terms of Chapter 17, Article 128 of the Namibian Constitution and the Bank of Namibia Act N°. 15 of 1997. The Bank of Namibia began operations on 16 July 1990. The responsibilities of the Bank of Namibia are: to promote and maintain the internal and external monetary stability and an efficient payments mechanism; to foster monetary, credit and financial conditions conductive to the orderly, balanced and sustained economic development of Namibia; to promote and

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