Economic Stimulus And Relief Package Namibia
Message to the public and to all namibians countrywide.
Economic stimulus and relief package namibia. Tax alert 3 2020 namibia the minister of finance honourable iipumbu shiimi issued the first phase of the economic stimulus and relief package the package on 1 april 2020 in collaboration with all stakeholders private sector development partners and non state actors. On the 1 april 2020 the government announced the first phase of the economic stimulus and relief package worth n 8 1 billion in total. On the back of the first phase economic stimulus package announced by the minister of finance on 1 april 2020 the social security commission of namibia ssc also announced details of a social security relief package.
The first phase of the economic stimulus and relief package is geared at addressing the negative effects resulting from the first 21 day lockdown period which ends on 20 april 2020. Namibia s new minister of finance honorable iipumbu shiimi announced on 1 april 2020 the launch of an economic stimulus and relief package to mitigate the impact of covid 19 in namibia. Tax alert 4 2020 namibia.
The announcement was made on 8 april 2020. While addressing the media finance minister ipumbu shiimhi said the pack.