27 February 2013

Namibia: First Impressions On the 2013/2014 Budget

Windhoek — This is what some commentators had to say immediately after the Minister of Finance Saara Kuugongelwa-Amadhila tabled the 2013/14 budget in parliament yesterday afternoon.

Nahas Angula - Minister of Defence

"This is a wonderful budget. The Honourable Minister tried her level best to balance things out. My age group will get N$50 more and that is a plus. The lower paid workers will get a boost and the young people's scholarship fund will receive an increase in income."

Immanuel Ngatjizeko - Minister of Safety and Security

"It is really an excellent budget. It's a people friendly budget and it is very considerate of the environment and specifically the need to provide incentives to investors."

Tjekero Tweya - Deputy Minister of Trade and Industry

"It is a good budget and is still a pro-employment and people-centered budget."

Richard Kamwi - Minister of Health and Social Services

"The health sector is very expensive and with the increase from N$3.9 billion to N$5.2 billion there is now a glimmer of hope. However, we still need more to address the ailing infrastructure and the shortage of skilled personnel."

Rudolf Kuschke - Simonis Storm

"Tax is obviously an interesting one. There were some decreases announced on individual tax and that will definitely bring some welcome relief."

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