Infrastructure fund not long term

November 8, 2017, 6:31pm

Treasury’s intervention plan to resuscitate the struggling construction sector is the best hard pressed finance minister Calle Schlettwein can do, but experts have questioned its sustainability in the long term. 

In his mid-year-budget review, minister Calle Schlettwein said he is going on with the establishment and operationalization of the Infrastructure fund at the Development Bank of Namibia (DBN), with the initial size of N$2.5 billion.