This could partly be because external lenders have become more risk averse, and have started paying closer attention to balance sheet health when providing credit. Second, it appears that SMEs in particular have become more financially constrained, and have reduced investment since the crisis.
My speech today will focus mainly on consumer protection as the Ministry of Finance is going to present our collective strategy on financial literacy. BIS central bankers’ speeches  1  Director of Ceremonies, Ladies and Gentlemen, Let me inform you of the role of the Bank of Namibia on consumer protection issues arising from financial services providers falling within its purview.