Realising the role that SMMEs could play in bridging this gap, government produced a policy paper on SMME in 1997 entitled “Namibia: Policy and Programme on Small Business Development”. This policy document, amongst others stipulates government programmes in place to ensure that conditions are favourable for SMMEs in Namibia to flourish.
•  Recent developments are in line with the Bank’s expectation of a soft landing in the housing market and stabilizing debt-to-income ratios for households. Still, household imbalances remain elevated and would pose a significant risk should economic conditions deteriorate. •  In sum, the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation in Canada.