ITULA CLAIMS N$9.3 BILLION POTENTIAL BUDGET SAVINGS
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Independent Patriots for Change's leader Panduleni Itula says the party has identified the potential for a N$9.3 billion savings in the national budget for the 2026/2027 financial year.
Independent Patriots for Change's leader Panduleni Itula says the party has identified the potential for a N$9.3 billion savings in the national budget for the 2026/2027 financial year.
Finance Minister Erica Shafudah will table the budget tomorrow in the National Assembly.
The national budget outlines key policy directions, spending priorities, and economic interventions that will directly impact households, businesses, and public institutions.
Minister of Finance Erica Shafudah is expected to table the 2026/27 Appropriation Bill in Parliament tomorrow.
To reflect on this, local economist Omu Kakujaha analysed possible areas of focus and outlined critical sectors that could form part of this year's budget.
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.