## Namibia: 2008 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, May 5, 2009_

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## Bibliographic details
- Published: May 5, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451828498.002

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### Summary finding: growth outlook
- Real GDP growth in Namibia is expected to moderate to about 3 percent in 2008 from 4.1 percent in 2007.
- The moderation reflects a downturn in the mining sector owing to the global economic slowdown.

### Executive Directors' assessment
- Executive Directors commended the authorities’ sound macroeconomic management, which had contributed to:
  - solid growth
  - strong external and fiscal positions
- Directors encouraged the authorities to press ahead with their structural reform agenda to:
  - improve the country’s competitiveness
  - diversify the economy
  - bolster growth prospects

### Policy themes and subject coverage
- Subjects: Banking, Expenditure, External debt, Financial services, Fiscal policy, Fiscal stance, Public debt, Real effective exchange rates, Real interest rates
- Keywords: Africa, authorities' target, authority, CR, Fiscal stance, food price inflation, Global, IMF staff estimate, IMF's effort, ISCR, Namibian authorities, policy, price, Real interest rates, Southern Africa

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/namibia-2008-article-iv-consultation-staff-report-public-information-notice-on-the-executive-22913_