Namibia expects 6% economic growth in 2016

2,131 views · Published 20 January 2016 · 3:08 · Indexed 10 November 2026

Channel: CGTN Africa · 2016 · News & Politics

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Namibia's economy has been growing steadily for the last six years, recording growth rates of more than 5%. The implementation of a national development plan, prudent fiscal policy and political stability has seen a rise in foreign capital inflows. The country has also been earmarked to house a port servicing facility for the SADC trading bloc.

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