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Namibia: Government announces Economic Stimulus and Relief Package (COVID-19)

Description

On 1 April 2020, the government of Namibia announced a NAD 470 million (USD 23.5 million) "Tax-back loan scheme for non-mining corporates" to mitigate the consequences of COVID-19 for firms. Under th...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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