The Minister of Finance has said the government does not borrow money for consumption purposes, adding that domestic revenue is sufficient to cover operational expenses.

This was Ericah Shafudah's response to concerns raised by members of parliament regarding the recently tabled Appropriation Bill.

"As a nation, we should acknowledge and appreciate the significant progress made in revenue mobilisation, particularly when we compare Namibia to peers who continue to face challenges in generating adequate domestic resources to cover their operational expenses. We therefore continue to strengthen our revenue collection efforts to increase space faster."

The Finance Minister also responded to concerns raised about budget cuts for various underperforming projects, particularly agriculture, with MPs having stated that food insecurity still remains a pressing issue in various parts of the country.

She said that green schemes will be pushed to production, whether through public investment or the combination of public-private investments, to maximise production.

The minister further responded to whether the N$663 million reallocated towards tertiary education was sufficient to cover the required costs.

"We used to inform this August House that this is just in addition to what NASFA has already been provided with. The allocation will enable the Ministry of Education, Innovation, Youth, Sports, Arts and Culture to meet expenses related to the subsidised necessary education. While further considerations will be made during the 2026-2027 financial year."

Regarding the Youth Development Fund that also came into question, the minister said, "Members, I wish to inform you that the Government has revised the age eligibility criteria for the National Group Development Fund to promote greater inclusivity and empowerment. Recognising that entrepreneurship evolves from early adulthood into mid-career, the Fund is now open to Namibians aged between 18 and 45. So prepare yourselves."