Members of Parliament in the National Council have applauded the Minister of Finance for tabling the budget ahead of schedule this year as compared to previous years.

The Popular Democratic Movement's (PDM) Shadow Finance Minister has shot down the country's annual budget for the 2023–2024 financial year as nothing but the usual government rhetoric lacking any means for implementation.

The government has allocated an amount of N$10 million in the 2023/2024 budget for the development of the Neckartal Dam Irrigation Project.

The project will run on two farms of a combined size of 11 000 hectares, acquired by the Ministry of Agriculture, Water, and Land Reform.

The government will fund various youth programs, aimed at capacity building and skills development.

The Minister of Finance Iipumbu Shiimi has tabled a national budget of more than N$72,6 billion during the 2023-2024 financial year, in the National Assembly.

Just like in previous national budgets, the ministries of Education, Health, and Defence continue to dominate state allocation.