Debt-to-GDP ratio, a large stone with text DEBT and wooden cubes with GDP letters and bag on seesaw

By: Nghiinomenwa-vali Hangala

 

In the next 4 years, the Namibian government has to repay N$36.9 billion throughout the 2026/27–2028/29 Medium Term Expenditure Framework period.

 

This is according to the bond maturity profile documented in the country’s Fiscal Strategy for 2027, showing that the government has 12 bonds maturing in the next 4 years. These funds are what the government has borrowed from mostly domestic investors through various bonds with the promise of reimbursement.

 

According to the Fiscal Strategy and the country debt profile, of the N$36.9 billion for the current FY2026/27, total maturities are projected at approximately N$10.7 billion, including significant redemptions such as the GC26 (N$1.8 billion in April 2026), the International Monetary Fund’s Rapid Fincancing Instrument facility NAM04, and GC27 bond.

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