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IMF warns of rising risks to Namibia’s fragile recovery

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  • Growth slows to 3.7% as drought and falling diamond prices bite
  • Risks remain high despite green hydrogen and oil exploration hopes

The International Monetary Fund has raised concerns about Namibia’s economic trajectory, warning that rising external and domestic pressures could stall the country’s fragile recovery. In a statement on Tuesday following its latest consultation with authorities, the Fund said economic momentum had “weakened significantly” and pointed to mounting vulnerabilities tied to commodity shocks, climate volatility, and structural constraints.

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