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Namibia:Real GDP Growth to Improve to 1.9 Percent in 2019 - BoN

[New Era] Windhoek -The Bank of Namibia (BoN) projects the country's real GDP growth to improve from 0.8 percent in 2017 to 0.6 percent and 1.9 percent in 2018 and 2019, respectively. However, the growth projections are weaker than the 1.4 percent and 2.1 percent forecasted during February 2018, reflecting the disappointing growth rate for 2017 that was published in the Preliminary National Accounts for 2017. Earlier expectations about growth in the uranium sub-sector have also been lowered, given the sustained weakness in th...

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Published By: Allafrica - Wednesday, 11 July