27
Feb
When minister Ericah Shafudah tabled the N$104 billion national budget this week, she presented it as a careful balancing act between fiscal discipline and developmental necessity. On paper, it is a responsible document. In substance, however, it raises a more difficult question: is Namibia managing decline cautiously or building growth boldly? The answer, at least for now, leans toward caution. The numbers are instructive. Of the N$104 billion, a staggering N$81.3 billion is directed toward operational expenditure, salaries, administration, recurrent costs and the machinery of government. Only N$6.5 billion is earmarked for development spending. That ratio should concern anyone serious…
