Namibia’s economy has been categorised as doing well and not amid a crisis, compared to other countries.
This was said by the International Monetary Fund (IMF) during a meeting with the Ministry of Finance on Friday.
IMF delegation team leader Xiangming Li said many other countries are experiencing a financial crisis.
“Namibia is not in any financial crisis situation. Many other countries are, but Namibia is not,” Xiangming said.
She, however, said economic growth in the country is expected to slow down because of weak sales in the diamond sector for 2026 thus far.
“Namibia’s real gross domestic product growth slowed to 1.7% in 2025, and is expected to remain subdued,” Xiangming said.
She said the country has to make reforms to support diversification and job creation.
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