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A look into the mid-term budget review
Published 11 months, 3 weeks ago
Description
Namibia’s mid-term budget review has sparked both relief and concern across economic circles.
Finance minister Ericah Shafudah on Tuesday announced that public debt now stands at N$167.2 billion, compared to N$153.7 billion the previous year.
She also revealed tougher tax compliance measures, including a controversial proposal that would allow banks to freeze accounts of tax defaulters under the upcoming income tax amendment bill.
Economist Almandro Jansen joins Desert FM to unpack the numbers and policy direction.