26524
Namibia Growth at Risk
World Economy

Namibia Growth at Risk

Namibia’s economic growth faces risks from volatile customs revenues and a sharp increase in house prices, and the government may have to scale back expansionary fiscal policies, the International Monetary Fund said on Friday, Reuters reported. “Namibia’s growth outlook is clouded with downside risks, while facing significant policy challenges,” it said, adding that increased expenditure on unemployment projects and growth in import demand would put pressure on deficits. “The main near-term risks are associated with highly volatile Southern African Customs Union revenues, rapid growth of house prices, and the external environment,” the IMF said.

 

Short URL : https://goo.gl/vNWtbL
  1. https://goo.gl/zZYS5o
  • https://goo.gl/GCqvZa
  • https://goo.gl/JPFD9g
  • https://goo.gl/qzE7G6
  • https://goo.gl/KNvqdA

You can also read ...

China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
Myanmar Businesses Want Lower Taxes
Myanmar businesses are urging the government to lower the...

Trending

Googleplus