## Namibia: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Namibia

_IMF Staff Country Reports, February 28, 2008_

## Source details

**Canonical URL:** [Namibia: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Namibia](https://www.imf.org/en/publications/cr/issues/2016/12/31/namibia-2007-article-iv-consultation-staff-report-public-information-notice-on-the-executive-21768)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/namibia-2007-article-iv-consultation-staff-report-public-information-notice-on-the-executive-21768/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/namibia-2007-article-iv-consultation-staff-report-public-information-notice-on-the-executive-21768/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/namibia-2007-article-iv-consultation-staff-report-public-information-notice-on-the-executive-21768/bundle-manifest.json)

## Bibliographic details
- Published: February 28, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451828467.002

---

### Key findings and country assessment
- Namibia’s economic position has been reinforced since the last consultation.
- The government strategy of broadening the economic base and reducing unemployment while preserving a solid fiscal position is commended.
- Namibia has ensured that interest rate differentials with South Africa do not destabilize official reserves or capital flows within the common monetary area.
- The banking system is profitable and well capitalized.
- Efforts are being made to increase employment opportunities in the non-mining economy by:
  - making the labor market more flexible, and
  - continuing liberalization of the trade regime.

### Subject areas and keywords
- Subject: Banking, Economic sectors, Expenditure, External debt, Labor, Mining sector, Public debt
- Keywords: Africa, CR, Global, government, government Education Sector Improvement Programme, IMF staff estimate, inflation pressure, ISCR, Mining sector, Namibia, Namibian authorities, SACU receipt, SACU revenue inflow, Southern Africa, Sub-Saharan Africa, surplus

---

## Content in this bundle

- **_cr0883**
  - [_cr0883 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2008/_cr0883.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr0883 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2008/_cr0883.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/namibia-2007-article-iv-consultation-staff-report-public-information-notice-on-the-executive-21768_