||Determination on policy changes in response to economic and financial stability challenges, following the fallout of the Covid-19 Pandemic (BID-33) (GN 217 of 2020).
||Economic and social policy
|Type of legislation:
||Regulation, Decree, Ordinance
|Entry into force:
||Legislation on-line Namibia Legal Information Institute (NamibiaLII) PDF (DOC.NORMES) (consulted on 2020-06-24)
||This document outlines a determination from the Bank of Namibia to relax certain regulatory requirements to provide relief to banking institutions to deal with impaired loans as well as to continue lending to the real economy and stimulate economic growth. The regulatory changes are explained hereunder and are valid for a period of two (2) years, or until revoked in writing by the Bank.