President Nangolo Mbumba has signed off on the Appropriation Bill, totalling more than N$100 billion.

This marks the start of the allocation of the 2024–2025 budget, ending March 31st, 2025.

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. 

Discord ensued as Members of Parliament in the National Assembly engaged in a fervent debate, questioning the existing parliamentary protocols after PDM MP Nico Smith rose to contribute to the Appropriation Bill.

The National Council started the committee stage of the Appropriation Bill for 2023/2024, discussing individual allocations to various ministries.