Finance ministry hosts outcome-based budget workshop amidst money constraints

Staff Reporter

THE Ministry of Finance and Public Enterprises officially launched a budget reform rollout workshop as government aims to create more outcome-based budget programmes amid growing public debt and narrowing fiscal space.

Giving the keynote at the event, Elijah Ngurare, the Namibian Prime Minister, explained that Namibia stands at a critical juncture. “The 2026/27 National Budget of N$87.9 billion, excluding statutory payments, was tabled against a backdrop of recovering global conditions and a resilient domestic economy. Since then, however, the global environment has changed rapidly following the ongoing war in the Middle East,” Ngurare said.