December 12, 2017 / 2:18 PM / 2 years ago

Namibia's economic growth seen at 4 percent in 2019/20 financial year - IMF

WINDHOEK, Dec 12 (Reuters) - The International Monetary Fund expects economic growth in Namibia to reach 4 percent in the 2019/2020 financial year, driven by growth in mining, the fund’s senior official said on Tuesday.

In November, Finance Minister Calle Schlettwein said in a mid-year budget speech in parliament the southern African’s economy will grow at 1.6 percent this year and double that in 2018. (Reporting by Nyasha Nyaungwa; Writing by Nqobile Dludla; Editing by James Macharia)

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