22
Oct
There is no doubt that Minister of Finance Iipumbu Shiimi has to drink from the dual poisoned chalices of taking on the Finance portfolio in the middle of a severe economic recession and then COVID-19. The 800-pound gorilla in the room is that after the smoke clears, there remains a budget deficit of N$17 billion. How will we fill that gap? The mid-year budget review announced yesterday is, at the end of the day, only a plan; it is not money in the bank. It declares what the government should earn and what it will spend in a particular period…