The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

National Budget proposes increase in development budget

National Budget proposes increase in development budget

Written by Charles Tjatindi on 07 March 2018.

WINDHOEK, 07 MAR (NAMPA) – While reducing total expenditure, the 2018/19 National Budget proposes to increase the size of the revised development budget, Minister of Finance Calle Schlettwein said on Wednesday.
Tabling of the national budget in the National Assembly, Schlettwein said the development budget has been increased from N.dollars 5.6 billion during the 2017/18 financial year to N.dollars 7.3 billion during the current financial year, while it is estimated to reach N.dollars 8.2 billion by the 2020 ...


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