President Hage Geingob says his hope is that the old-age pension grant will be increased to N$2000 or more.

Dr. Geingob says his desire is to see this happen before he leaves the presidential chambers.

Currently, over 202,294 pensioners receive the monthly old-age grant.

The Namibian leader recalled the devastating impact of the COVID-19 pandemic in 2020, which prompted the government to enact policies and provide fiscal support to businesses and cash grants to more than 500,000 Namibians.