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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 

Namibia’s president warns of continued economic headwinds

WINDHOEK (Xinhua) -- Namibia’s president Hage Geingob has warned that the headwinds that battered the country’s economy in 2017 would continue into the new year.

In his New Year’s message Sunday, Geingob, urged Namibians to embrace a fresh perspective and “navigate towards possibilities of growth and advancement.”

Namibia has in the past two years implemented cost-saving measures that included shelving several infrastructural projects and cutting the national budget.

Geingob said these measures were short-term and that although they caused pain, they would be cushioned by the long-term benefits when the economy recovers.

He said the government would pursue developmental projects and ensure that political office-bearers are accountable.

Among the projects his government will pursue is the construction of roads, airports and rail upgrading.

Geingob also said focus would be on providing people with land and services such as electricity, water and sanitation.

Calling 2018 the year of reckoning, Geingob said this means that the government “will take stock and be accountable for our achievements and shortcomings.”

 

             

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