WINDHOEK, July 10 (Xinhua) -- The Bank of Namibia said Monday that the country's real Gross Domestic Product (GDP) growth could improve by 0.2 percent to 2.1 percent in 2017.
In its Economic Outlook for July, the central bank said that the real GDP was also expected to reach 3.8 percent by 2018.
The recovery, the bank said, is because of projected improvements in agriculture, mining, electricity and water sectors.
"These growth rates are an improvement compared to the growth of 0.2 percent in 2016," the outlook said.
As for the 2018 medium term, the outlook said expansion in uranium mining will support growth. Enditem
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