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Namibia

Minister Shiimi Allocates N$6.8 Billion for Efficient Public Governance in 2024/25 Budget

todayFebruary 29, 2024 5

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Finance and Public Enterprise minister, Iipumbu Shiimi, highlighted the allocation of N$6.8 billion to the administrative sector for the 2024/25 Financial Year during the National Budget presentation on Wednesday. This funding, constituting 7.8% of the budget, aims to support effective governance and enhance the efficiency of public services. Additionally, the Ministry of Urban and Rural Development’s budget saw a substantial increase of 37.6%, reaching N$2.6 billion. Part of this allocation, N$250 million in FY2024/25 and N$175 million in FY2025/26, is earmarked for the implementation of prepaid water and electricity meters in various local authorities, addressing the long-term issue of mounting debts with NamPower and NamWater.

Written by: Leonard Witbeen

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