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Namibia Business Forecast Report Q3 2012

786.86

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Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

£786.86

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Market

All Sectors

Report Type

Country Guide

Country

Namibia

Published

1 July 2012

Number of Pages

33

Report Delivery

Download

Delivery Lead Time

Immediate

Publisher

Business Monitor International

File Format

PDF

We expect growth to be relatively robust, at 4.6% in 2012 and 5.1% in 2013. Even as global headwinds constrain export revenues, we believe that investment and government expenditures – boosted by the Targeted Intervention Programme for Employment and Economic Growth – will help to pick up the slack. Broad stability, both from an economic and political perspective, will persist over the coming months and years.

Major Forecast Changes

Based on newly available data, including revised historical figures, and given the deteriorating outlook for the global economy, we have downgraded our current account forecasts for 2012 and now expect a deficit of 1.7% of GDP, compared with previous expectations for a surplus of 0.1%.

Risks To Outlook

Namibias small, open economy is highly exposed to events on the world stage. While we have incorporated the ongoing global malaise into our economic forecasts, if the situation abroad significantly deteriorates (or, conversely, improves) more than we expect, we would have to adjust our forecasts accordingly. Much of the economy remains closely tied to agriculture, and weather poses substantial risks. For example, flooding in 2011 adversely affected productivity and incomes.

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Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

£786.86

Change Currency

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USD

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