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Ministry of Finance and Public Enterprises

4 Results / Page 1 of 1

Background

Namibia

Institute for Public Policy Research Urges Independence for Public Procurement Unit to Boost Oversight

The Institute for Public Policy Research recommends the Public Procurement Unit be independent from the Ministry of Finance and Public Enterprises to improve regulatory oversight. The current structure, where the PPU director reports to the Ministry's executive director, creates a conflict of interest. IPPR suggests elevating the PPU's status to enhance accountability and transparency. Only 32% of public entities have submitted their procurement plans for the 2024/25 financial year, highlighting […]

todayJuly 26, 2024 8

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 139

Opinion Pieces

Mid-Term Budget Review: Never too late to reform

By Josef Kefas Sheehama Namibian Finance Minister, Mr Iipumbu Shiimi, delivered his 2023/2024 Mid-Term Budget speech on 31 October 2023, taking note of the achievements, challenges, and performances of State-Owned Enterprise (SOE). The Mid-Term Budget Review plays a critical role in the entire budgetary process because it sets the tone for the fiscal framework for the next main budget. The budget is the most important economic instrument of government, as […]

todayNovember 1, 2023 4

Business / Economics

FY2023/24 Mid-year Budget Review Statement

FY2023/24 Mid-year Budget Review Statement Presented by Iipumbu Shiimi, MP Minister of Finance 31 October 2023 Honourable Speaker; Honourable Members of Parliament; Fellow Namibians; 1. I have the honour to table for the favourable consideration and approval of this House the 2023/24 Mid Year Budget Review. This review follows the 2023/24 National Budget which I tabled on 22 February 2023 under the theme “Economic Revival and Caring for the Poor”. […]

todayOctober 31, 2023 12

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