@BankofNamibiaforecasts the domestic economy to grow by 1.4% in 2021
To improve to 3.4% in 2022, from a contraction of 8% in 2020 attributed to growth prospects in the mining sector & recovery in the tertiary sector. This is a downward revision from 2.7% announced in February
The German Federal Ministry of Education and Research (BMBF), in collaboration with the government of Namibia, is facilitating the education of 93 Namibians to the tune of approximately N$87.7 million.
The Ministry of Health and Social Services has allocated over N$560 million to fund key projects and evaluate the performance of strategic departments.
Namibia has awarded 93 scholarships for Namibians to learn, up skill and conduct research in areas of Green Hydrogen, through the Namibian Youth for Green Hydrogen (Y4GH) Scholarship programme.
International bodies have strongly recommended that the government increases its funding to the Anti-Corruption Commission (ACC) in order to strengthen its capacity and skills to effectively combat corruption and money laundering.