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Title Namibia : staff report for the 2011 Article IV consultation / prepared by African Dept.
Imprint Washington, D.C. : International Monetary Fund, 2012.

View online
View online
Series IMF country report, 2227-8907 ; no. 12/41
IMF country report ; no. 12/41.
Subject International Monetary Fund -- Namibia.
Namibia -- Economic conditions.
Namibia -- Economic policy.
Economic indicators -- Namibia.
Debts, Public -- Namibia.
Debts, External -- Namibia.
Alt Name International Monetary Fund. African Department.
Add Title Namibia, staff report for the 2011 Article IV consultation
Description 1 online resource (58 pages)
Note Online resource; title from PDF title page (IMF Web site, viewed February 10, 2012).
"February 2012."
Summary Namibia's government has launched a major three-year fiscal initiative in 2011 aimed at increasing growth and employment. Public debt is rising rapidly, from a low base. The authorities intend to unwind the fiscal expansion in 2014. Fiscal consolidation would help keep public debt to a manageable level, support the economy's external position, and provide room to maneuver if further shocks arise, including a potential fall in revenues from the Southern African Customs Union. The authorities reaffirmed their intention to support the exchange rate peg against the South African rand.
Contents Cover -- CONTENTS -- RECENT ECONOMIC AND POLICY DEVELOPMENTS -- A. A Resurgent Economy -- B. Macroeconomic Outlook and Risks -- POLICY DISCUSSIONS: -- A. Rebuilding Fiscal Policy Buffers -- B. Reinforcing Monetary and Financial Stability -- C. Structural Reforms to Foster Diversification and Employment Growth -- STAFF APPRAISAL -- TABLES -- 1. Selected Economic and Financial Indicators, 2007a?16 -- 2. Balance of Payments, 2007a?16 -- 3a. Central Government Operations, (in millions of Namibian dollars), 2007/08a?2016/17
3b. Central Government Operations, (in percent of GDP), 2007/08a?2016/173c. Central Government Operations, (GFSM 2001 Classification), 2007/08a?2016/17 -- 3d. Central Government Partial Balance Sheet, 2005a?11 -- 4. Monetary Developments, 2008a?12 -- 5. Millennium Development Goals, 1990a?09 -- 6. Financial Sector Indicators, 2005a?10 -- FIGURES -- 1. Recent Macroeconomic Performance and Outlook -- 2. Labor Market Indicators -- BOXES -- 1. The Targeted Intervention Program for Employment and Economic Growth (TIPEEG) -- 2. Exchange Rate Assessment
3. The Measurement of Potential Growth in Namibia4. Results of the International Comparison Program (ICP) for Namibia and Comparators, 2005 -- CONTENTS -- FUND RELATIONS -- JOINT WORLD BANK AND IMF WORK PROGRAM -- STATISTICAL ISSUES -- TABLES -- 1. Common Indicators Required for Surveillance -- NAMIBIA -- DEBT SUSTAINABILITY ANALYSIS -- TABLES -- Table 2. Namibia: Public Sector Debt Sustainability Framework, 2006-2016 -- Table 3. Namibia: External Debt Sustainability Framework, 2006-2016 -- FIGURES
Bibliography Note Includes bibliographical references.
ISBN 9781463952846
ISBN/ISSN 10.5089/9781463952839.002
OCLC # 776151974

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