01
Nov
Martin Endjala The highly anticipated mid-term year budget for the 2023/24 financial year, saw close to N$2.14 billion allocated to unforeseeable and unavoidable emergencies. Iipumbu Shiimi, the Minister of Finance and Public Enterprises, announced the development yesterday in Parliament while tabling the mid-term budget. These additional expenditure allocations Shiimi explained, represent the unforeseeable and unavoidable emergency items such as health, and drought among others which cannot be postponed until the tabling of the 2024/25 main budget next year. In addition, the operational budget was increased by N$2.5 billion, while the development budget remains unchanged at N$6.5 billion, and an additional…