European Parliament Library

Namibia :, 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Namibia

Namibia’s economic position has been reinforced since the last consultation. The government strategy of broadening the economic base and reducing unemployment while preserving a solid fiscal position is commended. Namibia has ensured that interest rate differentials with South Africa do not destabilize official reserves or capital flows within the common monetary area. The banking system is profitable and well capitalized. Efforts are being made to increase employment opportunities in the non-mining economy by making the labor market more flexible and continuing liberalization of the trade regime
Table Of Contents
Cover; Contents; Executive Summary; I. Economic and Financial Backdrop; II. Medium-Term Outlook; Text Figures; 1. External Environment; 2. Fiscal Developments; 3. Recent Macroeconomic Performance; 4. Regional Comparison 2006; Text Tables; 1. Medium-Term Macroeconomic Framework to 2012; III. The Policy Discussions; A. How should the Emerging Fiscal Space be Used?; 2. Fiscal Outlook to 2012/13; 5. Progress Toward Selected Millennium Development Goals, 1990-2015; B. Do Large Current Account Surpluses Signal Currency Undervaluation?; 6. Savings, Investments, and the External Position
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (54 p.)
Specific Material Designation
Form Of Item

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