Cover IMF Staff Country Reports
Namibia: Selected Issues and Statistical Appendix
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2008: Issue 082
Language:
English
Publication Date:
28 Feb 2008
DOI:
https://doi.org/10.5089/9781451828450.002
ISBN:
9781451828450
ISSN:
1934-7685
Pages:
92
Keywords:
ISCR; CR; Namibia; surplus; natural resource sector; chapter III; mineral sector; chapter IV; terms of trade improvement; Non-renewable resources; Pension spending; Current account; Natural resources; Africa; Southern Africa; Global
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The recent uptrend in Namibia’s current account surplus reflects an increase in public and private savings. Tighter domestic investment rules will not reduce capital outflows. The phasing and macroeconomic impact of regulatory changes requires careful scrutiny. Market-based incentives for investment repatriation are attractive. Namibia’s non-renewable natural resource sector is a significant contributor to Namibia’s economy and it is important to continue management of its mineral resources wisely. Faster growth in low-skill job opportunities and more flexible labor market institutions will help tackle unemployment in the short-term.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2008: Issue 082