This Quarterly Economic Review (Q1 2026) examines key economic developments between January and March 2026, including trends in growth, inflation, interest rates and investment. The special feature in this QER focuses on Namibia’s health system which remains deeply unequal, with three parallel financing models delivering vastly different levels of care. While government’s push for Universal Health Coverage (UHC) signals an important shift, major questions remain around affordability and implementation. Proposed reforms could transform access, but the financing model is unclear and inefficiencies – particularly within PSEMAS – persist.