In June 2020, the Government, through a Cabinet decision (Cabinet Decision No.8th/23.06.20/005) took a principle decision to establish a Sovereign Wealth Fund (SWF) for Namibia. The rationale for establishing the “Fund” is borne out of the need to enhance national resilience by insulating the socio-economic structure against cyclical shocks, promoting intergenerational prosperity for all Namibians through intertemporal distribution of benefits flowing from the present utilization of the country’s natural resource endowments and state asset base as well as contributing to the macroeconomic stability objectives. Click and download the documents below to read more..
Statement-by-H.E.-Dr-Hage-G.-Geingob-on-the-Occasion-of-the-Launch-of-the-Sovereign-Wealth-Fund-1Download
