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Economy easing out of negative growth – The Namibian

Date.

19 Jul 2018

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FINANCE minister Calle Schlettwein is optimistic that the country's economy will improve in the second quarter of the year, and move out of the current contraction.

Speaking at a press conference on Monday, Schlettwein attributed this to the fact that the economy had recorded growth of -0,1% during the first quarter of 2018, up from -0,4% in the last quarter of 2017...

Meanwhile, Klaus Schade, research associate at the Economic Association of Namibia, said seeing that the economy slowed to -0,1% in the first quarter of 2018 could be an indication that the economy is bottoming out...

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