The Ministry of Finance and Public Enterprises has allocated an additional N$698.8 million for drought relief provisions under the Office of the Prime Minister, primarily to extend the food distribution program to eligible communities.
Namibia is one of the countries that has made great improvements in public participation and transparency in its budget accountability process. This was revealed at Namibia's Open Budget Survey launch in Windhoek.
This is according to the 2023 Open Budget Survey Global Findings.
The councillor of Mukwe Constituency, Damian Maghambayi, urged the Minister of Finance to intervene in the upgrade of the Divundu Muhembo border road. Maghambayi was speaking during the belated 34th Independence Day celebration held at Bagani over the weekend.
The Kavango East Region needs more funds to improve the current teaching and learning environment.
The region has construction and renovations of classrooms underway, but some schools are still to benefit from the government project funds.
A significant portion of government debt is due for repayment over the medium term.
The N$14.3 billion Eurobond, due on October 29, 2025, is the largest single-day debt maturity in the history of Namibia.
The Minister of Finance and Public Enterprises, Iipumbu Shiimi, says the government has taken steps to boost the development budget significantly to enhance infrastructure and stimulate growth in the country.
