The Minister of Finance, Ipumbu Shiimi, says the recently effected Tax Amendment Act holds more benefits than a reduction in an individual's tax bill.

The Minister of Finance and Public Enterprises, Iipumbu Shiimi, has introduced significant amendments to the Income Tax Act of 1981 to stimulate household incomes, foster a thriving business environment, and enhance Namibia's attractiveness to investors.

The Minister of Finance and Public Enterprises, Ipumbu Shiimi, highlighted the country's active participation in the open budget survey since 2010, led by the International Budget Partnership. 

He emphasised that Namibia's participation aims to ensure transparency in budgeting processes.

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.

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 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.

Finance and Public Enterprises Minister Ipumbu Shiimi says the government is committed to ensuring that investment in agriculture in the Zambezi Region is prioritised.

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.

The Minister of Finance and Public Enterprises, Ipumbu Shiimi, is on a visit to the Zambezi Region to consult with the regional council leadership and other stakeholders to seek their input on next year's national budget.

The Minister of Finance and Public Enterprises, Ipumbu Shiimi, has tabled a bill in parliament aimed at bolstering Namibia's financial intelligence capabilities and addressing the shortcomings identified in the country's recent mutual evaluation report.