Minister of Finance joins youth-led cleanup campaign at Green Leaves Primary School


The "Minister of Finance Gets His Hands Dirty with the Youth" campaign kicked off at Green Leaves Primary School in Okahandja Park today. Led by National Council member Emma Muteka, who also serves as Secretary General of the Tukwatha Youth Organization, the event aims to highlight the importance of collective action in creating a cleaner and safer environment.

Banking Systems Bill introduced


In a move to bolster the country's payment system infrastructure, the Minister of Finance and Public Enterprises submitted a notice of motion to introduce a Banking Systems Bill in the National Assembly. 
The proposed legislation aims to establish, manage, regulate, and supervise payment, clearing, and settlement systems across the nation.

If passed, the bill will serve as a comprehensive framework for the establishment, administration, and operation of payment systems in Namibia.

National Council Members applaud the Finance Minister for the early budget table 


Members of Parliament in the National Council have applauded the Minister of Finance for tabling the budget ahead of schedule this year as compared to previous years.

In a recent discussion on the national budget, lawmakers expressed their support for the budget, which saw various sectors allocate additional funds.

Numerous proposals were also brought up during the session to tackle a range of concerns, including wildlife conflict, unemployment, drought, road infrastructure, and health facilities.

Finance Minister tables additional N$4 billion for 2022–2023 financial year


The Minister of Finance, Iipumbu Shiimi, has tabled an additional budget of N$4 billion in the National Assembly for the financial year 2022–2023.

In his mid-term budget adjustment, Iipumbu increased the operational budget from N$56.6 billion to N$60.1 billion.

The development budget increased slightly from N$5 billion to N$5.5 billion.

Shiimi tabled this year's mid-term budget with a promising tone, with projected slight economic growth, improved tax collection, growing revenue generation, and downward revised national debts, among others.