Namibia Systematic Country Diagnostic

Since gaining independence in 1990, Namibia has undertaken an economic transformation and experienced strong economic growth. Despite decades marked by progress, deep underlying challenges remain in Namibia, undermining the prospects for further advancement. Namibia has been in recession since 2016...

Full description

Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/976371617896981427/Namibia-Systematic-Country-Diagnostics
http://hdl.handle.net/10986/35434
Description
Summary:Since gaining independence in 1990, Namibia has undertaken an economic transformation and experienced strong economic growth. Despite decades marked by progress, deep underlying challenges remain in Namibia, undermining the prospects for further advancement. Namibia has been in recession since 2016 and public finances have continued to deteriorate. The global COVID-19 crisis is expected to have a substantial adverse economic and social impact.