On the fiscal side, a key challenge for the future is to prevent the financial crisis from eventually undermining the sustainability and credibility of public finances. What can we do to prevent this from happening?
This also explains why the growth of domestic liabilities of banking institutions has begun lagging behind the liabilities of retirement funds. Allow me to highlight what I would regard as some of the key challenges that trustees of retirement funds, their members and the regulators are facing before I shed light on the future of the retirement funds in Namibia.