Namibia : Staff Report for the 2011 Article IV Consultation.

Author/Editor:

International Monetary Fund

Publication Date:

February 10, 2012

Electronic Access:

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Summary:

Namibia’s government has launched a major three-year fiscal initiative in 2011 aimed at increasing growth and employment. Public debt is rising rapidly, from a low base. The authorities intend to unwind the fiscal expansion in 2014. Fiscal consolidation would help keep public debt to a manageable level, support the economy’s external position, and provide room to maneuver if further shocks arise, including a potential fall in revenues from the Southern African Customs Union. The authorities reaffirmed their intention to support the exchange rate peg against the South African rand.

Series:

Country Report No. 12/41

Subject:

English

Publication Date:

February 10, 2012

ISBN/ISSN:

9781463939755/1934-7685

Stock No:

1NAMEA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

58

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