Wednesday, October 21, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Latest

NPC reports 48% execution of N$11.8bn development budget

by reporter
December 17, 2025
in Latest
9
A A

The National Planning Commission (NPC) says execution of the national development budget reached 48% by the end of November 2025, following a series of reviews aimed at strengthening alignment between capital projects and national priorities under the Sixth National Development Plan (NDP6).

The development budget for the current financial year totals N$11.8 billion, of which N$9.6 billion is funded from government-generated revenue and N$2.2 billion from development assistance.

The NPC, which is responsible for formulating the development budget, said the Development Budget Book for the current Medium-Term Expenditure Framework was successfully compiled, setting out planned government-funded capital projects across various sectors.

The commission said it participated in the mid-term budget review held jointly with the Ministry of Finance in September 2025, which focused on implementation progress and challenges affecting project delivery.

Between 27 October and 7 November 2025, the NPC conducted a comprehensive assessment of all capital projects through consultations with offices, ministries and agencies.

The exercise reviewed implementation progress and evaluated the alignment of projects with NDP6 priorities.

According to the NPC, lessons drawn from the assessment are expected to improve the efficiency and effectiveness of future development budgets.

In October, Finance Minister Ericah B. Shafudah increased the FY2025/26 operational budget by N$826 million to N$80.6 billion, while the development budget was reduced from N$9.6 billion to N$8.8 billion.

Shafudah said the 9.38% reduction followed the mid-year budget review in September 2025, during which additional expenditure requests amounting to N$11.1 billion were submitted, including N$8.2 billion for operational spending and N$2.9 billion for development projects.

She said the requests were assessed against strict criteria for unforeseen and unavoidable costs, with funding reallocated within and across votes after some offices, ministries and agencies showed risks of under- or overspending.

author avatar
reporter
See Full Bio
Previous Post

Old Mutual appoints Carmen Forster as Designate Managing Director for Corporate Segment

Next Post

Meatco misses 70,000 slaughter target

Must Read

Two formally dressed leaders shake hands and smile on a red carpet outside a pastel building.
Latest

Namibia, Angola prioritise energy, water and digital infrastructure projects

October 21, 2026
Woman in a patterned dress speaks at a clear podium with microphone, flanked by Namibian flags and a seated man in a suit behind her in a formal government setting
Latest

Namibia, Angola prioritise N$941m power interconnector to strengthen energy cooperation

October 21, 2026
Group of formally dressed adults posing outside a school for a ribbon-cutting/inauguration ceremony by a plaque on the wall with red curtain backdrop.
Latest

MTC calls for increased investment in early childhood education across Namibia

October 21, 2026
Group of diverse professionals in formal attire posing for a conference photo indoors with banners in the background
Latest

The Brief amplifies its reach through key conference partnerships

October 20, 2026
Smiling woman with pearly necklace and pearl earrings, wearing a burgundy sweater against a black background.
Latest

Old Mutual appoints Alovise Frey as Finance and Operations GM

October 20, 2026
Stage setup for ICAN National Accounting Summit 2024 with five white chairs, microphones, and water bottles on a patterned backdrop.
Latest

From Influence to Impact: ICAN National Accounting Summit 2026 set to shape conversations on Namibia’s economic future

October 19, 2026
Load More

Related News

Brazil open to green hydrogen ,oil and gas collaboration

Brazil open to green hydrogen ,oil and gas collaboration

April 9, 2024
Namibia finalising Chinese small livestock export deal

Namibia finalising Chinese small livestock export deal

August 3, 2023
Namdeb pioneers sustainable transport with Namibia’s first battery-electric bus

Namdeb pioneers sustainable transport with Namibia’s first battery-electric bus

October 16, 2023

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • e-edition
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.