President Hage Geingob says Namibia will not seek IMF bailouts

President Hage Geingob says Namibia will not seek IMF bailouts

President Hage Geingob says Namibia will not seek bailouts from the International Monetary Fund (IMF) or accept so-called structural reform packages.
Geingob, when officially opening the Ongwediva Annual Trade Fair on Monday, also stated that Moody's' downgrade of the country's economy was not caused by the government's monetary or fiscal policies.