The Bank of Namibia, jointly with the Ministry of Finance and the Namibia Financial Institutions Supervisory Authority (NAMFISA), launched the Namibia Financial Sector Transformation Strategy (NFSTS) 2025–2035, setting a decade-long direction for a modern and inclusive financial system. The strategy is framed as a response to challenges including inequality, limited access to finance, youth unemployment, consumer protection, climate vulnerability, and the rapid digitisation of the global economy. It aligns with Vision 2030 and the Sixth National Development Plan (NDP6) and is intended to position the financial system as a driver of national transformation.
Bank of Namibia 2025-07-28
Bank of Namibia launches Namibia Financial Sector Transformation Strategy 2025–2035 with Ministry of Finance and NAMFISA
The Bank of Namibia, in collaboration with the Ministry of Finance and NAMFISA, launched the Namibia Financial Sector Transformation Strategy 2025–2035. The strategy addresses challenges such as inequality, limited access to finance, and climate vulnerability, aiming to modernize and make the financial system more inclusive. It aligns with Vision 2030 and the Sixth National Development Plan to drive national transformation.