Fiscal Policy and Employment in Namibia PDF Download
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Author: Mihe Gaomab
Publisher:
ISBN:
Category : Employment stabilization
Languages : en
Pages : 42
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Book Description
Author: Mihe Gaomab
Publisher:
ISBN:
Category : Employment stabilization
Languages : en
Pages : 42
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475559089
Category : Business & Economics
Languages : en
Pages : 29
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Book Description
This Selected Issues paper assesses the impact of alternative fiscal consolidation strategies on Namibia’s growth. It uses a model developed at the IMF to gain insights on what would be a growth-friendly composition of the fiscal adjustment. The analysis suggests that a combined strategy of revenue and expenditure measures has lower negative effects on growth than a pure expenditure-based adjustment. Structural reforms improving the efficiency of public investment can further reduce the negative effect of consolidation on growth, and potentially strengthen growth. Overall, minimizing the negative impact of fiscal consolidation on growth requires combining revenue and expenditure measures, together with fiscal structural reforms.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Namibia. Directorate of Employment Planning
Publisher:
ISBN:
Category : Labor policy
Languages : en
Pages : 134
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Book Description
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475559070
Category : Business & Economics
Languages : en
Pages : 77
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Book Description
This 2016 Article IV Consultation highlights that Namibia has experienced remarkable growth and economic progress since the financial crisis. Strong policy frameworks and expansionary domestic policies have contributed to macroeconomic stability, robust growth, and rising living standards. Yet deep-rooted structural impediments have kept unemployment high and unresponsive to growth, contributing to persistently high inequality. The outlook remains positive with considerable vulnerabilities and risks. Growth is projected to temporarily weaken to 1.6 percent in 2016 as the construction of large mines ends and the government starts consolidating.
Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451828467
Category :
Languages : en
Pages : 51
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Book Description
Namibia's economic position has been reinforced since the last consultation. The government strategy of broadening the economic base and reducing unemployment while preserving a solid fiscal position is commended. Namibia has ensured that interest rate differentials with South Africa do not destabilize official reserves or capital flows within the common monetary area. The banking system is profitable and well capitalized. Efforts are being made to increase employment opportunities in the non-mining economy by making the labor market more flexible and continuing liberalization of the trade regime.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1513513907
Category : Business & Economics
Languages : en
Pages : 106
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Book Description
This 2019 Article IV Consultation with Namibia discusses that with the temporary stimuli now ended, the economy is rebalancing while the government is implementing a significant fiscal consolidation. A likely slow recovery, the need for further fiscal adjustment to bring public debt to a sustainable path, persistent inequalities and structural impediments to growth, point to a challenging outlook. Immediate measures are needed to deliver the authorities’ fiscal adjustment plans and bring public debt to a sustainable path. Policies should combine spending reductions and revenue increases that support long-term growth. Better targeting of cash transfers would protect the poor. Structural reforms are urgently needed to strengthen productivity and external competitiveness and boost long-term growth. Reforms should streamline business regulations, contain public sector wage dynamics, and reduce costs of key production inputs. Over time, it is important to remove non-tariff barriers to exports, foster the adoption of new technologies, and address shortages of skilled workers.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475582153
Category : Business & Economics
Languages : en
Pages : 64
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Book Description
This report reviews economic development of Namibia in the recent years after the global crisis. The country bounced back very well after the crisis. Namibia exhibited strong performance in the primary sectors, which has led to remarkable growth in the second half of 2012. The government has launched a three-year fiscal initiative to enhance job opportunities and preserve fiscal and external sustainability. Plans have been identified to strengthen banks, control mortgages, and improve the education system. The Executive Board has appreciated Namibia’s strong macroeconomic performance.
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1484373634
Category : Business & Economics
Languages : en
Pages : 78
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Book Description
This Technical Assistance report discusses measures proposed to assess and manage fiscal risks from state-owned entities and public-private partnerships in Namibia. Fiscal risks from public entities (PEs) materialize when funding requirements are higher than expected or revenues shortfalls occur. The government’s strategy for managing PE related fiscal risks should be informed by the likelihood of PE experiencing difficulties and, in such an event, the magnitude of the potential impact on the government. A two-step methodology was proposed for assessing the likelihood of fiscal risks materializing from PE. The authorities are also considering legislative amendments to strengthen the institutional arrangements for supervising PE.
