The Bank of Namibia released the Economic Outlook for August 2023, forecasting a domestic economic expansion of 3.3% in 2023 and 3.0% in 2024. Concurrently, global growth is anticipated to decelerate from 3.5% in 2022 to 3.0% in 2023, maintaining stability through 2024. Here is Naufiku Hamunime the Principal International Relations and Sustainability at the Bank.
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