IMF Staff Country Reports

Namibia: 2012 Article IV Consultation

Publication Date:

February 22, 2013

Electronic Access:

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Summary:

This report reviews economic development of Namibia in the recent years after the global crisis. The country bounced back very well after the crisis. Namibia exhibited strong performance in the primary sectors, which has led to remarkable growth in the second half of 2012. The government has launched a three-year fiscal initiative to enhance job opportunities and preserve fiscal and external sustainability. Plans have been identified to strengthen banks, control mortgages, and improve the education system. The Executive Board has appreciated Namibia’s strong macroeconomic performance.

Series:

Country Report No. 2013/043

Subject:

Expenditure Exports Fiscal policy Fiscal stance National accounts Public debt