Namibia's fiscal position is said to be weak, with limited fiscal buffers, failing revenues and high spending needs. 

It is for this reason that the prime minister says the government has committed to reducing the fiscal deficit from 5.5% of Gross Domestic Product (GDP) in 2026/27 to 3.3% by 2028/29. 

With vast capital investment going into oil exploration, Otjozondjupa Governor John ||Khamuseb said the Namibian government should get at least 30% of the profits from petroleum production companies.