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      KPMG in Namibia's 2026/27 Budget Summary

      This is a call to action to nurture human potential, boost growth drivers, and ensure fiscal sustainability

      The budget introduces the 9th Medium-Term Expenditure Framework (MTEF) three year-cycle from 2026/27 to 2028/9 and is grounded in the following three essential principles: 

      • Solidify fiscal prudence

        Government aims to solidify fiscal prudence as a norm through budget choices being guided by affordability, sustainability over the long term and the need for macroeconomic stability.

      • Value and measurable results

        Government intends to ensure that every dollar spent returns value and measurable results.

         

      • Enhancing the collaboration of state-owned enterprises and the private sector

        Enhancing the collaboration of state-owned enterprises and the private sector to drive the developmental agenda, enabling Government to focus on policy formulation.

      Robert Grant
      Robert Grant

      Country Managing Partner

      KPMG in Namibia

      Namibia Budget Summarry

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      Fiscal Reforms and Policy Priorities over the MTEF

      To provide investors, entrepreneurs and Namibia’s development partners with much-needed clarity, predictability and confidence, the following three policy instruments were highlighted as the cornerstone to Namibia’s industrialisation, investment and enterprise development:

      •the Namibia Investment Promotion and Facilitation Bill (NIPFA);

      •the National Equitable Economic Empowerment Framework (NEEEF); and

      •the Special Economic Zones (SEZ) regime. 

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