The Namibian Economy is expected to grow by 2.5 percent in 2016.

The Bank of Namibia released the November 2016 Economic Outlook Update with the domestic economic growth expected to slow down in 2016, before improving in 2017. This early update is necessitated by significant changes in the mining and government sectors: a downward revision in the mining sector due to revised projections from uranium mines and increased measures to fast track the pace of fiscal consolidation in the government sector.

For more information, visit the BON's homepage: www.bon.com.na