Economics
In January, the International Monetary Fund predicted economic growth would drop by 50% in 2009, from 4% to 2% due to the global recession. Projections were cut again in March, down to 1.2% growth, according to Minister of Finance Saara Kuugongelwa. This was credited to a decrease in mining activities across the country.
Read more about this topic: 2009 In Namibia
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