Geopolitical tensions threaten fiscal outlook
In light of geopolitical tensions and economic disruptions, achieving the proposed fiscal outcomes for the 2026/27 financial year will require significant improvements in how offices, ministries and agencies (OMAs) manage their daily operations.
Chamwe Kaira
In light of geopolitical tensions and economic disruptions, achieving the proposed fiscal outcomes for the 2026/27 financial year will require significant improvements in how offices, ministries and agencies (OMAs) manage their daily operations.
Prime Minister Elijah Ngurare says Namibia is standing at a critical juncture as it prepares to implement its 2026/27 national budget of N$87.9 billion, a fiscal framework he says was tabled under initially stable global conditions that have since shifted sharply due to the ongoing war in the Middle East.
Ngurare told a budget reform rollout workshop held in Windhoek that the changing global environment is already exerting pressure on Namibia’s economy.
