Economic diversification can offset challenges

Economic diversification can offset challenges

Economic diversification can offset challenges

Niël Terblanché Namibia is committed to economic diversification as a fundamental pillar of the country’s fiscal and economic policy. This became evident when the Minister of Finance and Public Enterprises, Iipumbu Shiimi tabled the 2024/2025 National Budget in the National Assembly. Amidst projections of economic recovery, the government is poised to continue its pursuit of a more diversified economy through the implementation of its Economic Diversification Strategy while also seamlessly integrating it into the forthcoming Sixth National Development Plan. Shiimi stated that the reality of the anticipated economic upturn, primarily fueled by positive trends in the natural resources sector, is…
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