A national budget is the government’s financial roadmap. It sets out how much revenue is expected and how public funds will be allocated to key priorities and sectors.

The Director General of the National Planning Commission (NPC), Kaire Mbuende, says it is crucial to ensure that capital projects budgeted for are effectively and timely implemented to ensure tangible benefit to the people.

Parliamentarians in the National Council applauded the Ministry of Finance for a well-crafted budget amid tough global and domestic conditions, as they contributed to the Ministry of Finance's vote at the committee stage.

The National Council has approved several budget votes for the 2026/2027 financial year during today’s session.

Allocations include the Presidency, the Office of the Prime Minister, the Anti-Corruption Commission, the Ministry of International Relations and Trade, and the National Planning Commission.

The Chairperson of the National Council has urged members of parliament to carefully scrutinise the appropriation bill to ensure that public resources advance the objectives of improving the life of citizens.

Finance Minister Ericah Shafudah has ruled out any immediate increase to the national budget, stating that the government will only review allocations once there is clearer evidence of economic growth.

Railway Network Development has been allocated over N$952 million, the largest share of the Transport Vote from a total budget exceeding N$2 billion. 

The National Assembly has approved an amount of about N$12.9 billion to be allocated to the Ministry of Finance.

Members of Parliament shared their views and suggestions on the budget prior to the approval of the vote.

Deputy Minister of Defence and Veterans Affairs (MoDVA), Charles Mubita, motivated a N$1.52 billion budget for the vote of Veteran Affairs for the 2026-2027 financial year.

Dr Mubita said this budget will be aimed at improving the welfare of liberation struggle veterans and preserving Namibia's history.

The Finance Ministry has tabled a N$12.8 billion operational budget for the 2026-2027 financial year.

Finance Minister Ericah Shafudah, in tabling her ministry's budget, stated that it aims at sustaining core government functions and service delivery.