Inside the ambitious NDP5 blueprint
New Era, June 1, 2017
The newly launched Fifth National Development Plan (NDP5) seeks to increase the population’s longevity, while making investments in areas that would fortify the country against expected demographic changes.
The plan, launched by President Hage Geingob at State House yesterday, is, for the next five years, to pump investments into sectors that would allow the younger generations to have better knowledge and skill, while living in a country whose economy has a high income from the export of locally manufactured goods, and value addition services.
Most importantly, though, the NDP5 is, in itself, different from the previous four development plans, especially that the plan takes into consideration lessons learnt from the implementation of previous plans.
It requires each government ministry, office and agency to do quarterly report-backs on the implementation of the targets set out for the next five years. Indeed, gone are the days of low implementation rates and plans not accompanied by proper monitoring and evaluation mechanisms.
To read President Dr Hage Geingob's keynote address, please click here...
Read more...President Geingob to attend The AU Committee of Ten (C10) in Malabo, Equatorial Guinea from 16-17 May 2017
Press Release, 14 May 2017
His Excellency Dr. Hage G. Geingob, President of the Republic of Namibia will attend the Fourth Consultative Summit of the African Union Committee of Ten Heads of State on the Reform of the UN Security Council (C-10), which will take place in Malabo, Equatorial Guinea from 16-17 May 2017. Namibia is a full member of the Committee.
UN REFORM FROM AN AFRICAN UNION PERSPECTIVE
The reform of the UN Security Council is predicated on five key elements namely:
Joint Preparatory Meetings of C-10 Ministers of Foreign Affairs and the Permanent Representatives in New York and Addis Ababa will precede the Summit.
The Outcomes of the Summit of the 10 Heads of State is expected to inform the 19th Report of the Committee of Ten (C10), which is envisaged to be submitted to the 29th Ordinary Summit of the AU Assembly of Heads of State and Government, which is slated for Addis Ababa, Ethiopia from 08 – 09 July 2017.
Dr. Peya Mushelanga, Deputy Minister of International Relations and Cooperation and other Senior Government Officials will accompany H.E. Dr. Hage G. Geingob. The President is expected back home on the evening of the 17th of May 2017.
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State of the Nation Address 2017
On Wednesday, 12 April 2017, H.E. Dr Hage Geingob, President of the Republic of Namibia, delivered the 2017 State of the National Address. To read the full speech, please click here....
Speech by President Dr Hage Geingob on the occasion of the 27th Independence Day Celebration
Rundu, Tuesday, March 21, 2017
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What is independence and why do we celebrate it? Why are we gathered here today in such large numbers?
Independence stems from an innate desire for people to exercise their free will in order to pursue their aspirations and determine their own destiny. In other words, people become independent when they are able to form a sovereign nation that is legally able to make its own decisions on domestic and foreign policy. Independence means the ability for people, the sovereigns, to elect into office, representatives that will form a sovereign government able to exercise the full range of powers a state possesses under international law.
27 years ago, on the 21st March 1990, Namibia was born; born into freedom and sovereignty; born with the legal right to determine its own destiny and that of its people. That is what our forefathers bled and died for. So we have a right to recognize this day, we have a right to celebrate this day, because never again shall the sovereign people of Namibia be restricted by the wicked chains of colonialism; never again shall the sovereign people of Namibia be engulfed by the hateful flames of Apartheid.
For 27 years, we have been a free nation and have a right to celebrate our independence. We have a right to acknowledge this momentous day and will continue to do so for years to come, through good times and bad times.
Please, click here to continue reading the President's address....
Hon Calle Schlettwein, Minister of Finances, presented 2017/2018 Budget Statement in Parliament, 09 March 2017
This budget is presented at a time when we need to rededicate our efforts towards the values and objectives of our democracy in a unitary, developmental State. The Namibian economy is emerging from a perfect storm. Externally, we had to deal with the impact of the commodity price crash, a slowing global economy and low growth in large neighbouring economies. We experienced a severe drought during the last three consecutive years, with negative effects not only in the agricultural sector, but also in wet industries and the construction supply chain. Liquidity came under pressure due to weak market confidence and consequently, a tight cash flow situation. Economic growth has slowed in 2016 to an estimated 1.3 percent.
Despite these developments and, the slow economic recovery in Namibia’s main trading partners, the weak growth in commodity prices and increasing uncertainty in the global geopolitical environment, the medium-term prospects for our economy have started to look better. Growth is projected to be 2.5 percent in the coming financial year and average approximately 3.5 percent over the MTEF.
Honourable Speaker, we have also rebalanced our public expenditure in line with the revised macroeconomic outlook and public revenue estimates, thereby putting public finances on a more sustainable path. The budget before you reflects this and establishes the new norm of closely aligning expenditure to revenue.
Please, click here to download the complete Budget Statement 2017/2018