Namibia’s growth outlook revised down as revenue falls by N$1.5bn

NAMPA

2026-10-22

WINDHOEK, 22 October 2026 – Finance Minister Ericah Shafudaf tabled the Mid-Year Budget Review for the 2026/27 financial year in the National Assembly (Photo: Contributed) NAMPA

WINDHOEK, 22 OCT (NAMPA) - Minister of Finance Ericah Shafudah on Thursday presented the Mid-Year Budget Review for the 2026/27 financial year, highlighting slower economic growth, a N$1.5 billion revenue shortfall, rising debt-servicing costs and additional funding requests of N$13.1 billion from public institutions.
The minister tabled the budget review in the National Assembly, during which she noted that the revised fiscal outlook reflected m...

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Latest NAMPA photos

SWAKOPMUND, 22 October 2026 - The Namibia Chamber of Commerce and Industry has organised the Swakopmund International Trade Expo (SWAiTEX) returned to Swakopmund on Thursday after a two-year hiatus, aiming to bring together businesses, entrepreneurs, investors and policymakers to explore trade, investment and industrial development opportunities. (Photo by: Isabel Bento) NAMPA

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NKURENKURU, 22 October 2026 - Deputy Minister of Justice and Labour Relations Theresia Brandt, Kavango West Governor Verna Sinimbo and other leaders on Thursday visited land allocated by the Nkurenkuru Town Council for the Ministry of Justice’s regional office. (Photo: Lylie Joel) NAMPA

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WINDHOEK, 22 OCT (NAMPA) – Readi Bites butchery continues operating and producing meat products despite ongoing foot-and-mouth disease (FMD) restrictions. (Photo by Uakutura Kambaekua) NAMPA

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OPUWO, 22 October 2026 - Independent consultant Sybil Ferris presents key provisions of the Draft Micro-Credentials Policy during a NQA stakeholder consultation in Opuwo on Thursday. (Photo: Contributed)

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RUNDU, 23 March 2026 - A serene afternoon view of a boat jetty along the banks of the Kavango River in Rundu. (Photo by Uakutura Kambaekua) NAMPA

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NCAMANGORO/RUNDU, 23 March 2026 – Government tightens restrictions on livestock movement and marketing as Foot-and-Mouth Disease (FMD) impacts livelihoods in the Southern and Zambezi regions. (Photo: Uakutura Kambaekua) NAMPA

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RUNDU, 23 March 2026 - Sunbeams illuminate the riverbanks and floodplains of the Kavango River as day turns to evening. (Photo by: Uakutura kambaekua) NAMPA

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