IMF assesses Namibia's weak economic growth and notes that war escalation risks its economic outlook.
2 reports, 1 independent
Updated Sep 3
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What happened
IMF assesses Namibia's weak economic growth and notes that war escalation risks its economic outlook.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Finance Minister Ericah Shafudah presented the budget review in Parliament while the IMF urged Namibia to accelerate structural reforms.Sub-event
- Minister comments on economic implications of an outbreak as retail sector in Windhoek feels economic strain.Sub-event
IMF warns Namibia's economy is weak and vulnerable to Middle East war escalation.1 source
Keep exploring
Part of
A collection of global economic updates, including IMF reports on Senegal, Uganda, Tanzania, and Rwanda, alongside central bank actions in Namibia and the impact of the Middle East conflict.Also in this story
- IMF recommended that the Central Bank of Kenya reduce its Monetary Policy Committee meetings from six to four annually.
- BSP raises interest rates amid rising inflation, driven by global energy price tensions stemming from the Middle East.
- The Middle East crisis is dampening global demand and raising costs, impacting the broader economic landscape.
The entities involved
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Namibia
country in Southern Africa
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International Monetary Fund
international financial institution
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- The Institute for Public Policy Research presented findings on Namibia's budget ranking, involving Minister of Finance Ericah Shafudah.
- Namibia is seeking models to drive investment in its creative economy sector.
- An initiative has been launched in Namibia aimed at addressing the country's national housing deficit.
- IMF director discussed Africa's economic outlook, noting potential agricultural impacts from El Nino.
- IMF forecasts global economic slowdown, influenced by the Middle East war, impacting Europe, Spain, and the U.K.