Namibia : 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Namibia

Author/Editor:

International Monetary Fund

Publication Date:

May 5, 2009

Electronic Access:

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Summary:

This 2008 Article IV Consultation discusses that real GDP growth in Namibia is expected to moderate to about 3 percent in 2008 from 4.1 percent in 2007, reflecting a downturn in the mining sector owing to the global economic slowdown. Executive Directors have commended the authorities’ sound macroeconomic management, which had contributed to solid growth and strong external and fiscal positions. Directors have also encouraged the authorities to press ahead with their structural reform agenda so as to improve the country’s competitiveness, diversify the economy, and bolster growth prospects.

Series:

Country Report No. 09/136

Subject:

English

Publication Date:

May 5, 2009

ISBN/ISSN:

9781451828498/1934-7685

Stock No:

1NAMEA2009002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

53

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