Cabinet has decided that Namibia should allocate five percent of the national budget to water and sanitation programmes.
This aligns with the sustainable development goal of access to water and sanitation.
Members of Parliament have commended the Minister of Finance and Public Enterprises, Iipumbu Shiimi, for his efforts in presenting a substantial increment in this year's national budget.
A significant portion of government debt is due for repayment over the medium term.
The N$14.3 billion Eurobond, due on October 29, 2025, is the largest single-day debt maturity in the history of Namibia.
Otjozondjupa Region Youth Activist,Terry Ujamba, in the following insert, explains why the budget was a good one.
The Minister of Finance and Public Enterprises, Ipumbu Shiimi, invited learners from various schools to witness the tabling of the 2024/25 National Budget in Parliament.
The tabling of the 2024–2025 budget may seem far away, but the Ministry of Finance is already in the process of putting the budget together and engaging stakeholders for input.
Finance Minister Iipumbu Shiimi already held an engagement in the Zambezi Region before moving to the Otjozondjupa Region.
