Namibian president unleashes new plan for Basic Income Grant

After months of meetings, studies and reports on Basic Income, Namibia takes another step forward towards adopting a basic income policy. President Hage Geingob has announced new plans that will aim to eradicate poverty by 2025. At the heart of this radical strategy is the introduction of basic income grants.

The “Harambe towards prosperity” Masterplan sets out a variety of new policy ideas to kick-start the Namibian economy. These ideas are aimed at building a stronger infrastructure, and introducing major economic and social developments.

Alongside basic income grants the plan also commits to major infrastructure projects such as: improved commuter trains, housing for government employees, and improved energy and water provision.

The central goal of the plan is to eradicate poverty by 2025, and the government believes that basic income grants will be the primary mechanism by which this happens. The government hopes to introduce cash payments to each citizen regardless of age or income.

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