FOLLOW UP: Namibia sees economic growth improving on oil and mining

Kaya Biz

GUEST – Salomo Hei – MD of High Economic Intelligence & Chairperson of the Namibia Statistics Agency (NSA)
Namibia has raised its economic growth forecasts for 2023 and 2024 and lowered a budget deficit projection due mainly to strong growth in the oil and mining sectors, its finance minister said on Wednesday. The southern African country expects to see economic growth of 5.6% for last year and 4.0% this year, up from projections of 3.5% and 2.9%, respectively, made in October. Kaya FM