Activity 5: Update a complete and accurate fixed public asset register.

The Government is endowed with a portfolio of assets scattered across the regions. In order to definitively assess the condition of its fiscal position and exercise due stewardship over its resources, it is imperative to compile a complete, accurate and readily available record of current and fixed assets under its possession. Such a record will provide lenders with a better view of Namibia’s creditworthiness and will result in more informed pricing of the of the debt offered to Government. An up-to-date register will contribute to the provision of current and informed options on how best to utilize said assets to engender the socio-economic advancement espoused under this pillar. The first register will be presented to Cabinet in the third quarter of the 2022/23 financial year.