Zambia unveils N$184-billion national budget
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In its quest to reduce dependency on foreign aid, Zambia has for the first time presented a national budget of an equivalent of N$184-billion.
In its quest to reduce dependency on foreign aid, Zambia has for the first time presented a national budget of an equivalent of N$184-billion.
Namibia is facing a growing public debt with levels projected to exceed N$168 billion, surpassing 70% of its Gross Domestic Product.
The newly formed Parliamentary Committee on Budget and Finance is conducting a two-week workshop in Swakopmund, focusing on strengthening public financial oversight across Namibia.
President Netumbo Nandi-Ndaitwah has called for urgent service delivery, stronger implementation of development programmes, and firm action against corruption.
Economist Mally Likukela has shared his views on the 2025/2026 national budget during an interview on nbc's parliamentary programme 'Inside the Chambers'.
Likukela said the budget matters not only because it is bigger than last year's but also because it is the first budget of the new administration.
The Namibian National Students Organisation (NANSO) hosted a Green Carpet event with the aim of building stronger connections between young Namibians and different industries.
The new speaker of the 8th Parliament of the National Assembly, Dr. Saara Kuugongelwa-Amadhila, has emphasised the need for unity, accountability and a focus on service delivery during an interview with nbc's Inside the Chambers programme.
Discussion on the national budget shifted to analysing the Appropriation Bill's responsiveness to gender and youth concerns during a public engagement hosted by the Friedrich Ebert Stiftung, the Youth Leadership Programme, and the Trade Union Congress of Namibia.
The new government under President Netumbo Nandi-Ndaitwah has hit the ground running and has shown its intention through the budget tabled in the National Assembly by the newly appointed Minister of Finance, Erica Shafuda.
Finance Minister Ericah Shafudah has tabled a budget of N$106.3 billion for the 2025-2026 financial year, the maiden budget of the new administration of President Netumbo Nandi-Ndaitwah.
The budget, themed "Beyond 35, for a Prosperous Future", marks an increase of 22.6% from the previous year.