Namibia's Mid-Year Budget Review Shows Lower Growth for 2026

The mid-year budget review for Namibia, presented on 22 October, lowered the expected economic growth for 2026 to 2.3%, down from the 3.1% projected earlier in February. This revision is primarily due to changes in diamond output, which impacts the country's revenue and expenditure forecasts for fiscal year 2026/27.

Originally published by gnews