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Namibian Budget 2019/2020 Commentary

Sowing seeds for renewal and growth

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Introduction

In our commentary we summarise some economic and tax comments made by the Honourable Minister of Finance, Calle Schlettwein, during the reading of the 2019/2020 Budget Speech on 27 March 2019.  

 
“This budget proposed to make money available to buy things and these things should improve all our lives. However, we must do that honestly, diligently, with the common good as our only objective in mind.”

- Hon. Minister of Finance, Calle Schlettwein – Budget Speech 27 March 2019

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Infographic - Namibian Budget 2019-20 - Trajectory

Infographic - Namibian Budget 2019-20

The information contained in this guide is for general guidance only and is not intended as a substitute for specific advice in considering the tax effects of particular transactions. While every care has been taken in the compilation of the information contained herein, no liability is accepted for the consequences of any inaccuracies contained in this guide.

The full 2019-2020 budget Statement as presented by the Minister should be available on the Ministry of Finance website