In June 2013, the Governor of the Bank of Namibia stated that the Central Bank’s lending rate would stay low for as long as inflation stayed low. What would not create a risk of inflation?
- Aincreased output in the mining, manufacturing and construction industries
- BNamibian dollar depreciation against the currencies of its trading partners
- Csevere weather problems that harm crop production
- Dthe Namibian Government’s policy of increased public expenditure