Domestic Resources for Development Financing In Namibia — Constraints and Opportunities

Abstract

Namibia is classified as an upper middle-income country with an estimated Gross Domestic Product (GDP) per capita of USD6745 (constant 2000 exchange rate) in 2012 (IMF, 2013). Namibia has historically been one of the main recipients of official development assistance (ODA) in Africa, with an average Country Programmable Aid (CPA) per capita of USD139.4 between 2009 and 2011 — more than three times the continental average of USD40.1 and more than six times the amount received by South Africa over the same period. Although aid disbursements to Namibia have been on a general upward trend since 2005, they are projected to decline over the next few years, with the CPA per capita declining from the 2009–2011 average of USD139.4 to USD127.2 by 2016. (…)