Namibia: Staff Report for the 2004 Article IV Consultation
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This 2004 Article IV Consultation highlights that Namibia’s real GDP growth accelerated to an estimated 4¼ percent in 2004, after averaging about 3 percent during the preceding five years. Growth benefited from declining interest rates, as the Bank of Namibia took advantage of declining inflation pressures and reduced its key policy rate in several steps from 12¾ percent in January 2003 to 7½ percent in July 2004. Executive Directors have welcomed the recent rise in GDP growth, decline in inflation, and strengthening of the external current account surplus.
Series:
Country Report No. 2005/097
Subject:
Expenditure External debt Fiscal policy Health HIV and AIDS Public debt
English
Publication Date:
March 11, 2005
ISBN/ISSN:
9781451828405/1934-7685
Stock No:
1NAMEA2005002
Pages:
58
Please address any questions about this title to publications@imf.org