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Financial inclusion among Namibian adults has increased [SOUND]

# Financial inclusion among Namibian adults increased to 86-percent last year from 78-percent in 2017. The Namibian Statistics Agency’s Namibia Financial Inclusion Survey shows 81.5-percent of adults now use formal financial services. However, the proportion of adults who borrowed money increased to 49.0-percent last year, up from 42.1-percent in 2017. The agency’s Mirjam Shihepo says the survey also highlights continued gaps, with rural communities facing greater barriers to financial access:

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