Loading...

Bank of Namibia

Summary

Find out more about Launch of the Namibia Financial Sector Transformation Strategy.

Launch of the Namibia Financial Sector Transformation Strategy
28 July 2025 | Media Release
 

NAMIBIA LAUNCHES DECADE-LONG FINANCIAL SECTOR TRANSFORMATION STRATEGY

1. The Bank of Namibia, jointly with the Ministry of Finance and the Namibia Financial Institutions Supervisory Authority (NAMFISA), today launched the Namibia Financial Sector Transformation Strategy (NFSTS) 2025–2035. This bold national strategy sets the course for a modern, inclusive, and future-ready financial system that serves the development needs of all Namibians.

2. The Strategy represents a deliberate response to deep-rooted and emerging challenges facing the financial sector, including inequality, limited access to finance, youth unemployment, consumer protection, climate vulnerability, and a rapidly digitising global economy. It seeks to position the financial system not as a passive bystander, but as an active driver of national transformation. The NFSTS aligns with Vision 2030 and the Sixth National Development Plan (NDP6) and aims to ensure that finance is no longer a gatekeeper to prosperity, but a gateway.

Bank of Namibia - Chatbot