Global Trade Alert
Global Trade Alert

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

Announcement

01 Apr 2020

In April 2020, the government of Namibia announced a package of economic measures aimed at supporting local business in the context of the Covid-19 pandemic. 

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Apr 2020

Revocation date:

No revocation date

Updated: 01 Apr 2020
State loan In force
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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Updated: 01 Apr 2020
State loan In force
On 1 April 2020, the government of Namibia announced a NAD 200 million (approximately USD 10 million) "Agricultural business loan scheme". The subsidy scheme will provide preferential loans to agricul...
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Updated: 01 Apr 2020
State aid, unspecified In force
On 1 April 2020, the government of Namibia announced a NAD 400 million (USD 20 million) wage subsidy to businesses in the tourism, travel, aviation and construction sectors, the sectors considered "ha...
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