Pillar 2: Economic Advancement

Goal 3

Activity 5: Lower Namibia’s cost of capital by executing the integrated national financing framework roadmap

To develop engines of growth in a sustainable manner, bearing in mind its fiscal fragility, Namibia will have to access a diverse portfolio of funding that is best suited to each opportunity. The Development Finance Assessment report approved by cabinet and launched in 2020 advocated for a roadmap towards implementing an integrated national financing framework (INFF). The objective of the INFF is to provide a holistic approach for strengthening financing policies and institutions and matching the source and type of finance to the appropriate investment opportunity at hand using a blended financing approach. Under this activity, HPPII will also champion the development of the central securities depository, green and blue bonds, transition bonds, carbon credits and other innovative tools to fund the matching opportunities in Namibia. This activity is evergreen and will be championed by the Ministry of Finance throughout the HPPII period.

Work Breakdown Structure

Activity Progress

Developing and implementing on integrated national financing framework (INFF)

Sub Activity Description:

Update of the INFF Road Map (completed) Establishment of Governance Structure Development of the INFF Financial Strategy Implementation of the INFF Development of the National Development Dialogue (architecture) Develop a national investment strategy
Start Date: 2021-09-08
End Date: 2022-11-10
Duration: 14
Months
Status: Ongoing
Resource: Immanuel Nashivela (MoF)
Responsible Entity: National Planning Commission and Ministry of finance
Cost: N$2,020,000
Risk: Covid-19 Associated Risk, Financial Risk, Resource Risk, Schedule Risk, Quality Risk

Related Projects

INFF
Region: Countrywide
Sector: Economy
Project Progress
0%

Pillar 2: Economic Advancement

Fund
Region: Countrywide
Sector: finance
Project Progress
0%

Pillar 2: Economic Advancement