Namibia allocates N$179m for FMD fight
Lawmakers question if the funding is sufficient to support farmers facing disease and drought.
Members of parliament debated the government's N$179 million allocation to combat foot-and-mouth disease (FMD) during the 2026/27 mid-year budget review. Finance minister Ericah Shafudah announced the funds, raised by a 2% spending cut across government offices, ministries, and agencies. Lawmakers expressed concerns that this amount may not be enough to adequately support affected livestock farmers.
Affirmative Repositioning MP George Kambala questioned the sufficiency of the funds, calling for strengthened veterinary services, improved livestock identification, and a restocking program for communal farmers. MP Willem Amutenya urged the government to ensure the N$179 million yields results, emphasizing the need for adequate equipment for veterinary officials and better disease monitoring. Namibia Economic Freedom Fighters MP Kalimbo Iipumbu stressed investment in veterinary services, water infrastructure, and disease control.
The Bank of Namibia directed commercial banks to offer farmers and businesses up to 24-month loan repayment moratoriums due to FMD and anticipated El Niño conditions. This intervention, under Determination BID-2, requires banks to assess borrowers' financial situations before granting relief, which can include loan restructuring. Banks must report clients granted relief as performing, provided their credit quality has not materially deteriorated.
Why it mattersNamibian farmers and agricultural businesses face financial distress from foot-and-mouth disease and drought, prompting government funding and central bank relief measures.