Minister of Finance Saara Kuugongelwa-amadhila of Namibia

This Budget foresees one of the largest expansions since Independence, accelerating Namibia's efforts to fight poverty, create employment and generate sustained economic growth, Kuugongelwa-Amadhila said during her budget speech.
Kuugongelwa-Amadhila said Government's finances had been turned around from the situation where a budget deficit of N$85 million was recorded in the 2005-06 financial year to one where a revised surplus of N$2,3 billion was realised in the year after that - compared to a surplus of N$921 that had been projected in the 2006-07 Additional Budget.
in enhancing institutional efficiency and improving customer service.
Kuugongelwa-Amadhila says the role of the AfDB is to provide finance for whatever project these African countries want to embark upon in order to address the current food crisis.
Finance minister Saara Kuugongelwa-Amadhila said in early March that she expected Namibias GDPgrowth to accelerate to 4.
Kuugongelwa-Amadhila said it was also difficult to determine the exact burden the disease was placing on the medical aid fund because many of the claims were for opportunistic infections associated with HIV-AIDS.
Kuugongelwa-Amadhila said overpricing and fraud by service providers had to be acknowledged as contributing the enormous costs PSEMAS was incurring and once these were stopped, it would contribute to cost cutting.
Kuugongelwa-Amadhila said Government could consider raising member contributions to the scheme, as suggested by the Congress of Democrats' Nora Schimming-Chase on Monday, but a range of consultations would have to take place first.
to import goods that were produced locally.
24-03-06 The rising oil prices and the increasing electricity demand in the Southern African Development Community (SADC) region are the two challenges that Namibia will face in the near future, Minister of Finance Saara Kuugongelwa-Amadhila said as she presented the 2006/7 budget.
Kuugongelwa-Amadhila said that the burden of HIV/AIDS, TB and malaria in Namibia hinders the country's efforts to reach the Vision 2030 development goals, as well as the MDGs (The Namibian/AllAfrica.
Finance Minister Saara Kuugongelwa-Amadhila said the annual cost of the Public Service Employees' Medical Aid Scheme had risen by more than US$21-million over the past year, owing to the high number of members needing anti-Aids drugs.
Kuugongelwa-Amadhila said she and her Chinese counterpart Li Zhaoxing had signed a 30-million-Namibian-dollar (4.
Speaking at the International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus, Minister of Finance Saara Kuugongelwa-Amadhila said Namibia has made progress to mobilise domestic savings through the establishment of capital markets, although faced with high capital outflow.
Kuugongelwa-Amadhila said Foreign Direct Investment is thus required to fill the gap created by the failure of local financial institutions to invest in the country.
Kuugongelwa-Amadhila said to move forward, Africa must receive a greater share of the worldÂ’s investment capital.
Namibia's Finance Minister Saara Kuugongelwa-Amadhila says that listings by foreign firms provide an opportunity for locals to invest in meaningful and highly rewarding ventures.
add to the existing two mines in operation.
Namibian Finance Minister Saara Kuugongelwa-Amadhila says the government has learnt the very important lesson that small and medium enterprises (SMEs) need more than money to succeed.
Kuugongelwa-Amadhila praised the mentorship programme saying it will forever change the way service providers relate to small business.
Kuugongelwa-Amadhila said the proposed transfer pricing mechanisms would eliminate the manipulation of the prices of goods and services across the border.
Honourable Saara Kuugongelwa-Amadhila discussed the highlights of the budget and answered questions from the audience.