Home Africa Namibia: Budget shortfall hits N$3.2 billion – News

Namibia: Budget shortfall hits N$3.2 billion – News

Namibia: Budget shortfall hits N.2 billion – News

Africa Links 24 with Martin Endjala
Published on 2025-10-22 17:00:00

Minister of finance Ericah Shafudah yesterday said, in terms of current projections, a shortfall of N$3.2 billion in government revenue during the 2025/26 financial year is expected.

Economic growth is expected to slow down to 3.3% in 2025 compared to the initial estimates of 4.5% in the 2025/26 main budget.

“We are projecting to realise a shortfall in revenue to the tune of N$3.2 billion for the 2025/26 fiscal year. In addition, given the low execution rates on capital projects,…

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