Namibia: Staff Report for the 2005 Article IV Consultation

April 28, 2006

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Namibia: Staff Report for the 2005 Article IV Consultation, (USA: International Monetary Fund, 2006) accessed November 22, 2024

Summary

This 2005 Article IV Consultation highlights that Namibia recorded robust real GDP growth, falling inflation, a strong external current account surplus, and continued low external indebtedness over the last two years. Real GDP grew by 6 percent in 2004, as new marine technologies prompted a surge in diamond production and most other sectors of the economy showed solid economic activity, aided by a decline in interest rates. Growth slowed in 2005, as diamond production fell relative to the high production base of the previous year and growth rates in other sectors moderated somewhat.

Subject: Banking, Expenditure, External debt, Fiscal policy, Government debt management, Public debt, Public financial management (PFM)

Keywords: Africa, Authorities target ceiling, CR, Expenditure side, Government, Government debt management, ISCR, Namibian authorities, Outlay, SACU receipts, Southern Africa, Staff appraisal, Sub-Saharan Africa

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/152
Stock No:

1NAMEA2006001
ISBN:

9781451828412
ISSN:

1934-7685

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