By: Nghiinomenwa-vali Erastus
The government plans to borrow N$29.8 billion during the 2025/26 financial year to meet its budgetary requirements and other financial obligations.
Of this amount, N$21.2 billion will be raised from the domestic market, according to the finalised Borrowing Plan released by the Bank of Namibia on behalf of the government.
With the central government facing a deep fiscal deficit, the issuance of government securities presents an opportunity for investors seeking growth.
According to the Borrowing Plan, the national budget, tabled at the end of March, has a funding shortfall of N$12.8 billion, representing a fiscal deficit equivalent to 4.6% of the country’s gross domestic product (GDP).
Comments