Venaani says virements weaken fiscal discipline, hamper spending impact

NAMPA
2026-03-13
WINDHOEK, 27 March 2025 - President of the Popular Democratic Movement, McHenry Venaani speaking after the tabling of the 2025/26 National Budget on Thursday. (Photo: Justina Shuumbwa) NAMPA WINDHOEK, 27 March 2025 - President of the Popular Democratic Movement, McHenry Venaani speaking after the tabling of the 2025/26 National Budget on Thursday. (Photo: Justina Shuumbwa) NAMPA
WINDHOEK, 13 MAR (NAMPA) – Popular Democratic Movement (PDM) leader McHenry Venaani says the frequent administrative transfer of funds (virements) weakens fiscal discipline and undermines accountability.
Presenting his input during the budget debate in Parliament on Thursday, Venaani called on the government to strengthen project planning before allocating funds, stating that such practices reduce the effectiveness of spending in critical sectors...
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