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Preliminary data suggests that ’22 proved a much better year for economic growth than initially anticipated, with our revised forecasts at a very conservative 3.8%. The growth, however, was very mixed. We anticipate growth to slow somewhat to approximately 3.5% in ’23. While this is moderate by historic standards (Namibia’s growth averaged 4.1% from ’90 – ’10 and 4.5% from ’00 – ’10), these will be the strongest years of consecutive growth since ’15.