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Namibia's economic growth to resume at 4 per cent: IMF
Written by Linea Dishena on 12 December 2017.
WINDHOEK, 12 DEC (NAMPA) – The International Monetary Fund (IMF) has projected that Namibia’s economic growth will resume at about 4 per cent in 2018.
Speaking at a media briefing here Tuesday, IMF Mission Chief for Namibia Geremia Palomba said the projected growth is due to the production from new mine, manufacturing and retail activities recovery.
Palomba emphasised that the downside risks to the outlook include unpredictable Southern African Customs Union (SACU) revenue, subdued commodity prices and fis ...
