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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

IIPUMBU SHIIMI

32 Results / Page 2 of 4

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Namibia

Budget Boost: Ministry of Gender, Poverty Eradication, and Social Welfare Sees 23.2% Increase to N$8 Billion

In the latest financial update, Finance and Public Enterprises Minister Iipumbu Shiimi revealed a significant 23.2% increase in the budget for the Ministry of Gender, Poverty Eradication, and Social Welfare, reaching N$8 billion. Shiimi explained that this allocation includes N$824.7 million to maintain the real value of social safety nets in the face of high inflation and a considerable dependency ratio. Furthermore, the government has allotted funds for increased food […]

todayFebruary 29, 2024 27 6

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Namibia

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

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, […]

todayFebruary 29, 2024 12

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Business / Economics

Minister Shiimi Unveils N$100 Billion Budget with Focus on Development and Growth

Finance and Public Enterprises Minister Iipumbu Shiimi presented a N$100 billion budget to the National Assembly for the fiscal year 2024/25, with over 20% earmarked for economic and infrastructural development. Emphasizing the theme ‘Continuing the Legacy of President Hage Geingob by Caring for the Namibian Child,’ Shiimi highlighted specific provisions for infrastructure development to address gaps and boost Namibia’s economic growth objectives. The budget allocates N$20.9 billion for FY2024/25 and […]

todayFebruary 29, 2024 15

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Namibia

EXCLUSIVE INTERVIEW: Activist Rosa Namises Critiques Namibia’s National Budget and Calls for Action

  In a heartfelt commentary on Namibia's national budget, activist Rosa Namises expressed her disappointment, particularly regarding the anticipated increase in the old age pension. Promised by the late president, the expectation was for a substantial raise, but the reality turned out to be a mere 200 Namibian dollars. Namises questioned when and why this change occurred, emphasizing the impact it would have on the elderly population, who are already […]

todayFebruary 29, 2024 24

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Interview Transcripts

EXCLUSIVE INTERVIEW: Activist Rinaani Musutua Criticizes Namibia’s National Budget and Socio-Economic Disparities

  In a passionate and critical address, activist Rinaani Musutua expressed deep disappointment with the recently announced national budget by Namibia's Minister of Finance, Iipumbu Shiimi. Musutua specifically highlighted the inadequate increase in the old age pension, a decision that deviates from the promises made by the late President Hage Geingob. The activist voiced concerns about growing socio-economic disparities, the lavish lifestyles of government officials, and the urgent need for […]

todayFebruary 29, 2024 20

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Namibia

Controversy Surrounds Finance Minister Shiimi Over Alleged Election-Focused N$100 Billion Budget

Finance Minister Iipumbu Shiimi is under scrutiny for presenting a budget accused of targeting pensioners, students, and low-income earners to sway support for the Swapo party in the upcoming elections. The N$100 billion budget, the largest in Namibia's history, is unveiled amid concerns about voter apathy and economic challenges impacting Swapo's electoral prospects. Minister Shiimi defended the budget, stressing its pro-poor focus and intention to stimulate development and infrastructure projects.

todayFebruary 29, 2024 16

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Business / Economics

Budget Statement for the 2024/25 Financial Year

Introduction Honourable Speaker, Honourable Members of Parliament, Fellow Namibians, I have the distinct honour this afternoon to table before the National Assembly the budget proposals for the FY2024/25 and the Medium Term Expenditure Framework for FY2024/25 – FY2026/27 under the theme “continuing the legacy of His Excellency Dr. Hage G. Geingob by caring for the Namibian child”. Before I delve into the details of the budget, I would like to […]

todayFebruary 28, 2024 147

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