Shafudah tables N.dollars 106.3 billion budget for 2025/26 financial year

NAMPA

2025-03-27

WINDHOEK, 14 September 2016 - Permanent Secretary in the Ministry of Finance Ericah Shafuda speaks during the Namibian Competition Commission (NaCC)'s fifth Annual Conference held in Windhoek. (Photo by: Joseph Nekaya) NAMPA

WINDHOEK, 27 MAR (NAMPA)- Minister of Finance and Social Grants Management, Ericah Shafudah, on Thursday tabled a N.dollars 106.3 billion budget for the 2025/26 financial year in the National Assembly.
The budget was tabled under the theme “Beyond 35: For a prosperous future”.
In her maiden speech, Shafudah said preliminary indicators at the end of February 2025 show continued strong and improving fiscal fundamentals.
The budget, she said, consists of N.dollars 79.8 billion for operational expenditure, N.dollars 12.8 billion for development expenditure, including N.dollars 3.2 billion in development projects funded through external loans and grants, as well as N.dollars 13.7 billion in interest payments.
“This budget represents an increase of 4.9 per cent from the revised estimates of the preceding financial year,” Shafudah said.
(NAMPA)
EB/HP/ND

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