The banking system is expected to be resilient because of its robust liquidity position, improved asset quality, strong capitalization, and satisfactory risk management systems. Second, the BSP remains committed to its monetary, price, and financial stability mandates.
This discretion enables the Bank of Namibia to control domestically induced inflation, which is estimated to contribute about 35 per cent to the overall inflation in Namibia. The institutional underpinnings of monetary policy in Namibia Let me now say something about the process of conducting our monetary policy.