The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Government launches COVID-19 Economic Stimulus and Relief Package

Government launches COVID-19 Economic Stimulus and Relief Package

Written by Maqonda Ndlovu on 01 April 2020.

WINDHOEK, 01 APR (NAMPA) Minister of Finance, Iipumbu Shiimi, on Wednesday revealed an Economic Stimulus and Relief Package totaling N.dolars 8.1 billion in response to the Corona Virus (COVID-19) containment measures currently in place.

According to a statement from the Ministry of Finance, the package will comprise N.dollars 5.9 billion as direct support to businesses, households and cash flow acceleration payments for services rendered to Government.

The additional N.dollars 2.3 billion will be addit ...