The recovery from what has been referred to as the “Great Recession” officially began in the third quarter of 2009, but the pace of economic growth since then has been modest relative to the type of cyclical rebound that we had experienced in the prior 60 years.
  to assist the Bank of Namibia in carrying out the functions of oversight of the abovementioned service providers to ensure compliance with set standards. Since its establishment, PAN has developed in terms of both its structural arrangements and its stature.