2026/27 key budget take aways

Education

The Ministry of Education, Innovation, Youth, Sport, Arts and Culture was allocated N$28.7 billion for the 2026/27 financial year.

This includes N$28 billion for education, innovation, arts and culture. Of this amount, N$2.8 billion is designated for subsidised tertiary education and for alleviating school congestion, while N$939 million has been earmarked for developmental projects.

Sport, youth and national service got N$750 million in the same financial year.

Health

The Ministry of Health and Social Services has been allocated a total of N$13.1 billion, which includes N$259 million for the recruitment of health professionals.

Finance

The Ministry of Finance has been allocated N$12.9 billion for the 2026/27 financial period. Of this amount, N$447 million is to cater for the N$100 increase in pension for the elderly effective from 1 April 2026, while N$58 million is for the improvement of the remuneration structure of political office bearers.

Transport

The Ministry of Works and Transport is allocated a total budget of N$2.7 billion. Works will receive N$593 million, while transport receives N$2,1 billion geared towards road infrastructure funded from the state revenue fund. Finance minister Ericah Shafudah yesterday said the transportation sector is also funded through external loans and grants totalling N$1.6 billion, as well as fuel levies dedicated to the Road Fund Authority for the construction of critical roads amounting to N$2.4 billion.

Judiciary

The Judiciary has been allocated N$512 million for the 2026/27 fiscal period. Budgetary allocations to the tune of N$78 million have been allocated to the Judiciary vote on personnel expenditure for judges and magistrates.
Anti-graft

The Anti-Corruption Commission will receive an allocation of N$109 million for the 2026/27 financial year, of which N$10 million will go towards filling critical positions.

Safety and security recruitment

N$8.1 billion has been allocated to the Ministry of Home Affairs, Immigration, Safety and Security. Of this, N$108 million has been earmarked for the recruitment in the Namibia Correctional Service, N$158 million for the training of 2 033 Namibian Police cadets, and the recruitment of 2 000 more.

President

The president will receive N$1.2 billion for the 2026/27 period.

Electoral commission

The Electoral Commission of Namibia will receive N$181 million for the 2026/27 period.

Mines and energy

The Ministry of Industries, Mines and Energy has been allocated N$826.7 million for the 2026/27 financial year. Of this amount, the development budget for the vote is N$320 million to fast-track rural electrification and improve access to electricity countrywide.

Agriculture, fisheries, water and land reform

The Ministry of Agriculture, Fisheries, Water and Land Reform has received N$2.8 billion in funding, of which water and marine resources will receive N$1.0 billion. N$579 million of this is from the developmental budget. External funding includes N$257 million for rural water supply coverage and N$865 million for the construction of water supply security infrastructure.
Agriculture and land reform will receive N$1.8 billion, which is made up of a development budget of N$478 million.
Additionally, the vote has external funding of N$218 million for agricultural mechanisation, seed improvement, and the development of land in communal areas for the 2026/27 year.

Tax refunds

Between March 2025 and January 2026, the Namibia Revenue Agency (Namra) processed tax refunds totalling N$9.8 billion. Namra is also reducing refund turnaround times from 90 days to between 30 and 60 days.

Defence and veteran affairs

The Ministry of Defence and Veteran’s Affairs has been allocated N$9 billion, which includes N$7.5 billion for defence, of which N$587 is for development budget for the 2026/27 financial year. Meanwhile, veterans affairs received N$1.5 billion.

Financing requirement

The country’s gross financing requirement slightly increased from N$14.4 billion in the 2024/25 to N$14.5 billion in the 2025/26 financial year.

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