Namibia: Selected Issues Paper

International Monetary Fund

No 2009/132, IMF Staff Country Reports from International Monetary Fund

Abstract: The Southern African Customs Union (SACU), the oldest customs union in the world, comprises Botswana, Lesotho, Namibia, Swaziland (known as the BLNS countries), and South Africa. This Selected Issues paper analyzes how policy has responded to the positive SACU revenue shock. It discusses the background and structure of SACU, and examines the fiscal responses of the BLNS countries to the SACU revenue surge. The paper also discusses useful international experience and a framework for fiscal response in these countries.

Keywords: ISCR; CR; revenue; SACU; SACU revenue; SACU country; SACU receipt; BLNS country; SACU balance; Fiscal stance; Africa; Southern Africa (search for similar items in EconPapers)
Pages: 23
Date: 2009-04-27
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