Namibia : Staff Report for the 2011 Article IV Consultation.

Publication Date: February 10, 2012
Electronic Access: Free Full text (PDF file size is 1,289KB).
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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(s): Article IV consultation reports | Bank supervision | Debt sustainability analysis | Economic indicators | Fiscal consolidation | Fiscal reforms | Staff Reports | Unemployment

Publication Date: February 10, 2012
ISBN/ISSN: 9781463939755/1934-7685 Format: Paper
Stock No: 1NAMEA2012001 Pages: 58
US$18.00 (Academic Rate:
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