16 Nov 2023
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…