KHARAS UNDERSENDS ROAD MAINTENANCE BUDGET

Breadcrumb

The ||Kharas Region has underspent its routine road maintenance budget of N$29,6 million funded by the Road Fund Administration by 60%.
 
The Governor of ||Kharas, Dawid Gertze, revealed this during his State of Region Address held on Monday in Keetmanshoop.
 

GOVERNMENT TO CUT FISCAL DEFICIT TO 3.3% BY 2028/29

Breadcrumb

The government has committed to reducing the fiscal deficit from 5.5% of Gross Domestic Product (GDP) in the 2026/27 financial year to 3.3% by 2028/29. 

The country's fiscal position is currently said to be weak with limited fiscal buffers, failing revenues and high spending needs. 

NATIONAL COUNCIL REVIEWS APPROPRIATION BILL

Breadcrumb

Members of the National Council have begun reviewing the Appropriation Bill passed by the National Assembly. Concerns were raised about insufficient infrastructure, limited disaster preparedness, and inadequate funding allocations.

RUNDU TOWN COUNCIL PROPOSES TARIFF INCREASE FOR 2026/27 BUDGET

Breadcrumb

The Rundu Town Council (RTC) management has proposed a new tariff increment for the 2026/2027 financial period. The proposed budget for this financial period is N$485 million. The council held a stakeholders meeting for input.

N$1.8 BILLION AGRICULTURE MINISTRY BUDGET TO BOOST FOOD SECURITY

Breadcrumb

The Minister of Agriculture, Fisheries, Water and Land Reform, Inge Zaamwani said the budget allocated to the ministry will be used to  boost food production and ensure fair distribution of land.

The ministry has been allocated about N$1,8 billion.

Finance Minister says government avoids borrowing for consumption

Breadcrumb

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.