Director of Ceremonies, poverty in Namibia is more acute in the rural areas, and this is where land rights cannot be used to produce capital. The latest Household Income and Expenditure Survey of 2003/04 shows that a high number of Namibian households remain  BIS central bankers’ speeches  1  poor and poverty largely depends on where you live.
For example, to increase the supply of reserves, the Open Market Desk purchases securities (usually government securities) on the open market, crediting the seller with an increase in reserve balances on deposit at the Fed in the amount of the purchase.9 Thus, a purchase of a billion dollars' worth of securities by the Open Market Desk increases the supply of funds available to lend in the fed funds market by the same amount.