VAT estimated to increase by N.dollars 2.6 billion

NAMPA

2025-03-27

WINDHOEK, 27 March 2025 - Minister of Finance, Ericah Shafudah speaks during the tabling of the 2025/26 national budget in Parliament on Thursday. (Photo: Contributed) NAMPA

OPUWO, 27 MAR (NAMPA) - Finance Minister, Ericah Shafudah, said Namibia anticipates an improved performance in several domestic revenue streams, highlighting that the country's Value Added Tax (VAT) is expected to rise by N.dollars 2.6 billion.
While presenting her maiden budget in Parliament on Thursday, Shafudah indicated that the revised estimates for the 2024/25 financial year suggest that income tax on individuals is projected to increase by...

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