Namibia relaxes home loan curbs to stimulate economy
WINDHOEK, July 12 (Xinhua) -- Namibia's central bank announced Wednesday that it is further easing home loan curbs to revitalize the country's long-depressed housing and construction sectors.
The Bank of Namibia said the construction sector had experienced lengthy periods of depressed growth, compounded by dampened credit extension to the property market.
The bank predicts that GDP growth will fall to 3 p