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Mbumba signs off N$100 billion Appropriation Bill

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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.

The Appropriation Act authorises the expenditure of public funds as outlined in the budgets proposed by various government institutions. 

This ensures that essential services and projects receive the necessary financial support to function effectively and meet the needs of the Namibian people.

MPs Laud Finance Minister's Budget Increment

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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. 

However, some are concerned about the inadequacy of the allocated funds for old-age grants and the absence of dedicated financial provisions and employment opportunities.

In her contribution to the Appropriation Bill, PDM's Elma Dienda emphasised the impact of the late president Hage Geingob's vision, which brought hope to senior citizens dependent on the old age grant for survival. 

NA protocols cause discord over appropriation bill

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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 Minister of Home Affairs, Immigration, Safety, and Security, Albert Kawana, sought clarity on the standing rule that Smith used to be the first member of parliament to contribute to the Appropriation Bill.

National Council discuss Appropriation Bill for 2023/2024

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

The allocation for the Office of the Prime Minister attracted significant attention from the MPs, who voiced concern that the amount was insufficient to aid drought-affected communities.

The National Council MPs made several suggestions with regard to the re-organization of government agencies, such as the separation of the Namibia Investment Promotion and Development Board from the Office of the President.