Namibia

Cabinet Approves Key Initiatives in Drought Relief, Water Management, and Economic Stability

today18 October, 2024

Background

 

In a recent cabinet meeting, several key decisions were made to tackle pressing issues in Namibia. The Cabinet approved actions for drought relief, including a budget allocation and the enrollment of over 64,000 households. It emphasized the need to allocate 5% of the national budget for water management to meet Sustainable Development Goal 6. The Total Allowable Catch for rock lobster was set for the upcoming fishing season, and reports from NAMFISA and the Road Fund Administration were authorized for the National Assembly. Additionally, the Cabinet approved the Insolvency Bill to improve Namibia’s insolvency framework.

Written by: Leonard Witbeen