The National Budget 2024-25
The 2024-25 National Budget indicated that Finance Minister Iipumbu Shiimi has successfully steered the country’s public finances through their most challenging period since Independence. Yet, as the Minister admitted, the recovery will not be nearly sufficient to address the country’s high unemployment levels. Creating sustainable employment opportunities remains the central economic challenge facing Namibia.
Civil Society Sets Out 2024-25 Budget Priorities
A media release from the Civil Society Information Centre (CIVIC +264) and the IPPR regarding budget priorities. The concerns arise from civil society consultations with the Minister of Finance and the National Planning Commission Director-General that took place in 2023.
2023-24: National Budget Review
With the economy continuing to recover from the blows struck by COVID, revenues are on the rise aided by a N$10 billion increase in the SACU subsidy. In view of the increased fiscal space, cash transfers to the poorest and most vulnerable were increased. Rising public debt remains a worry. But it does seem that […]
Parliament In The Budget
The legislature’s direct share from the budget has increased significantly but are Namibian taxpayers getting value for their money?
Mid-Year Budget Review 22/23: Analysis
Finance Minister Iipumbu Shiimi tabled Namibia’s Mid-Year Budget Review in the National Assembly on 25 October 2022. This analysis looks at key aspects of the budget including growth prospects, an unexpected upturn in revenue, the tendency to increase spending rather than pay down debt, the overall fiscal picture, and whether the budget documents disclose enough […]
Open Budget Survey – Namibia Report
See how Namibia scored in the latest Open Budget Survey (OBS) released on May 31 2022 by the International Budget Partnership.
Media Release – Namibia Can Improve On Open Budget Rankings
Namibia has dropped down the latest Open Budget Survey rankings published by the International Budget Partnership (IBP)
2022-23: National Budget Review
With the economy only slowly starting to recover from the effects of the COVID-19 pandemic, the 2022-23 national budget was a mostly modest affair. Revenue was once again limited. With public debt still threatening to spiral out of control, the minister sought to limit the size of the deficit by imposing restraints on spending. Despite […]
Mid-Term Budget Review: Analysis
This Democracy Report special briefing paper analyses the Mid-Term Budget Review presented to the National Assembly by the Minister of Finance Iipumbu Shiimi on November 3 2021.
Namibia QER Quarter 3 2021
The QER for the third quarter of 2021 looks at economic developments in Namibia between July and September, and includes a special focus on the affordability of a Basic Income Grant (BIG)
