Namibia: Govt Splurges Billions 'To Create Jobs'

Windhoek — Government will pump about 100 per cent more money into the development of agriculture, tourism, transport, as well as housing and sanitation this year as part of its grand plan to create 104 000 jobs within the next three years.

A total of N$4,2 billion is earmarked for these sectors in Finance Minister Saara Kuugongelwa-Amadhila's 2011-12 Development Budget, while the amount for the entire period of the Medium Term Expenditure Framework (MTEF) until 2013-14 comes to about N$11,1 billion. All this is part of Government's bold N$14,6 billion job-creation plan, the Targeted Intervention Programme for Employment and Economic Growth (Tipeeg).

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