Namibia: Selected Issues
IMF Staff Country Reports, June 17, 2025
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- Namibia: Selected Issues
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Bibliographic details
- Published: June 17, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229014502.002
Vulnerabilities to future weather shocks
- Documents Namibia’s vulnerabilities to future weather shocks, including droughts and changes in rainfall patterns.
- Highlights risks to agriculture productivity and food security from climate-induced shocks.
- Emphasizes the role of natural disasters in imposing financial burdens on affected populations.
Economic and fiscal implications
- Discusses potential economic and fiscal implications of weather shocks for Namibia.
- Notes that climate-induced economic losses can be mitigated through targeted investments and insurance mechanisms.
Public investment strategies and adaptation measures
- Investing in agricultural resilience is identified as a central strategy, with specific measures including:
- Water infrastructure.
- Drought-resistant crops.
- Farmer insurance schemes (crop and animal insurance development and adoption could be encouraged).
- Stresses the need to plan and implement a sound and fiscally feasible adaptation investment strategy to boost the resilience of agriculture.
- Recommends continuing complementary efforts to strengthen adaptation.
- Suggests other insurance products to mitigate shocks against natural disasters, thereby alleviating the financial burden of disasters and enabling more efficient and sustainable recovery.
Policy opportunities and ongoing initiatives
- The ongoing development of the National Resilience Building Strategy is presented as an opportunity to:
- Improve practices that help increase agriculture productivity.
- Improve food security.
- Integrate adaptation investments with fiscal feasibility considerations.
Content in this bundle
- Namibia: Selected Issues; IMF Country Report No. 25/133; May 28, 2025