A N$104 billion budget just landed for Namibia's 2026/2027 fiscal year, and the government needs to borrow N$15 billion to cover the gap.
Where the bulk of the money flows
Where the bulk of the money flows
- Finance Minister Ericah Shafudah tabled the budget in parliament.
- Operations swallow N$81.3 billion of the total allocation.
- Development spending sits at a comparatively slim N$6.5 billion.
- Interest payments alone eat up roughly N$16.2 billion.
- Education, innovation, arts, and culture grabbed the biggest slice at N$28 billion.
- Health and Social Services landed N$13.1 billion in second place.
- Shafudah framed the budget as balancing ambition with affordability.