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expenditure

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Background

Namibia

Consultative meeting on public finance’s draft Bill underway at Otjiwarongo

    A one-day consultative meeting on the Public Finance Management’s Draft Bill, which is aimed at repealing the Finance State Act of 1991, officially commenced Thursday morning at Otjiwarongo. The meeting is being attended by chief executive officers from the local authority councils of Otjozondjupa and Kunene regions, as well as the directors in finance division and departments at the two regional councils. Some traditional authority leaders from the […]

todayApril 18, 2024 22

Business / Economics

The gross domestic product for the third quarter of 2023 expanded by 7.2 percent

  Domestic Economy 1. In the third quarter of 2023, the Real Gross Domestic Product (GDP) exhibited a noteworthy expansion, registering a robust growth of 7.2 percent. This represents a substantial increase from the 5.4 percent recorded during the corresponding quarter of the preceding year. The economy witnessed a commendable trend, characterized by 10 consecutive quarters of positive growths. 2. In nominal terms, the size of the Namibian economy, quantified […]

todayDecember 14, 2023 5

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