May 23 (Reuters) -
* Moody’s says Namibia’s credit profile balances medium-term growth prospects against rising public debt
* Moody’s says Namibia faces increasing external risks stemming from persistent current account deficits and relatively low international reserves
* Moody’s says Namibia’s credit challenges include the rapid rise in its public debt levels, which reached 42.3% of GDP in 2016-17 from 26.2% in 2011
* Moody’s says expects recovery in Namibian diamond, gold,uranium mining, as well as a rebound in agricultural sector to drive GDP growth in the coming years
* Moody’s says expects Namibia’s government debt to continue to rise marginally and reach 45.4% of GD in FY2018-19.
* Moody’s says Namibia vulnerable to further tightening in domestic funding conditions if fiscal slippages continue, leading to substantial rise in debt-servicing costs Source text for Eikon: