The Swapo Party has committed a budget of over N$85 billion over the next five years if given the mandate to continue governing.
The billions of dollars will go towards, among others, massive job creation for unemployed Namibians.
The Minister of Finance and Public Enterprises, Ipumbu Shiimi, will table the budget for the upcoming fiscal year 2024-2025 in the National Assembly tomorrow at 14:30.
The national budget encompasses government revenue, expenditure, and borrowing strategies, as well as pivotal policy priorities.
In response to the high cost of living, the Tsumeb Municipality has approved a budget of N$171 million for the 2023–2024 financial year.
The budget aims to strike a balance between residents' needs, future planning, and investments.
A N$40 million budget has been allocated for the procurement of textbooks, and these funds will be transferred to the regions next month.
