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IMF SAYS NAMIBIA ECONOMIC GROWTH DROPPED TO 2.8%
The International Monetary Fund (IMF) forecasts economic growth of 2.8% for Namibia in its latest World Economic Outlook, released today. This is unchanged from the IMF’s estimate in October 2022, but a drop compared to the 3.7% the Fund projected last April. The IMF’s latest projection is lower than finance minister Iipumbu Shiimi’s 3.2% which he mentioned in his budget speech at the end of February, as well as the Bank of Namibia’s (BoN) 3.0%…
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