Namibia Cuts 2026 Growth Forecast

Namibia lowered its 2026 economic growth forecast to 2.3 percent following a weak first half. The finance ministry maintained its budget deficit projection while raising debt expectations.

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A general view of the city and Christ Church in Windhoek, Namibia, March 2, 2025. REUTERS/Siphiwe Sibeko

Namibia cut its 2026 economic growth forecast to 2.3% from 3.1% following a weaker-than-expected first half, according to a mid-year budget review released Thursday afternoon.

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