24
Oct
The midterm budget review delivered by minister of Finance and Public Enterprises Ericah Shafudah presents a careful balancing act, a fiscal plan that strives to maintain credibility and discipline, even as political realities and slowing growth threaten to derail consolidation efforts. The numbers tell a story of progress and prudence, but also one of fragility. The government’s ambition to keep public debt below the 70% of GDP threshold deserves recognition. Yet, as economic analyst Almandro Jansen from Simonis Storm Securities cautions, election-cycle spending pressures could soon test the state’s fiscal resolve. With the 2026/27 elections drawing near, Namibia’s ability to…
