WINDHOEK, June 5 — Namibia’s economy will continue to mildly contract this year and recover gradually thereafter, the International Monetary Fund (IMF) said on Wednesday.
Namibia’s central bank said in April that economic growth will be around 0.3 percent in 2019 after contractions in 2018 and 2017, but the IMF said it expects the economy to recover only gradually this year.
“Growth is projected to remain mildly negative in 2019, as a poor rain season and reduced diamond production continue to weigh on a tentative recovery,” the IMF said.
It said downside risks to this outlook include lower than expected Southern African Customs Union revenue and fiscal slippages that would undermine the government’s efforts to stabilize public debt dynamics. – XINHUA
40 comments
… [Trackback]
[…] Info on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Read More here on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Find More on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Find More on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Find More Info here to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Info to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Read More to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Information to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Read More Info here to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Find More on to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Read More Info here on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Read More Information here on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] There you can find 84328 more Info to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Here you will find 66082 more Info on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Info to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Here you will find 83902 additional Info on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Find More on to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Information on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Read More Information here on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Read More here to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Here you will find 49753 more Info on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Find More Information here on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Find More on on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] There you can find 32710 additional Information to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Find More on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Here you will find 18795 additional Information on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Information to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] There you will find 56353 additional Info to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Here you can find 76385 additional Info to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Read More on on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] There you will find 53714 additional Info on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
FB URL Shortener
[…]we came across a cool internet site that you could delight in. Take a appear in case you want[…]
… [Trackback]
[…] Here you can find 15464 additional Information on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] There you will find 91307 more Info to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Find More Info here to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Read More on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Read More to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] There you can find 38420 additional Information on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Find More to that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
… [Trackback]
[…] Information on that Topic: namibiadailynews.info/imf-expects-namibias-economy-to-contract-for-third-straight-year/ […]
Comments are closed.