A major part of the capital expenditure in the current national budget will be used to improve infrastructure that enables industries to flourish, said Saara Kuugongelwa-Amadhila, the Minister of Finance. “That expenditure will lead to public procurement that is a major source of employment and of income for Namibian companies,” she said.

Her ministry is aware of the bottlenecks in the tendering process and payment delays by some ministries all of which increase financing costs and limit company abilities to compete.
“We are addressing both those problems by streamlining the tender preparation process and by addressing the reasons for late payment by some ministries,” she said.
Kuugongelwa-Amadhila said the budget presented this week provides the economic stimulus the country needs “without breaking the fiscal rule that have served us so well”.
Among the many opportunities presented by the budget is the assurance that the poor and marginalised share the benefits of the country' success and are protected from external threats to their income, enhance the country’s infrastructure - both physical assets and human capital on which future prosperity depends.
“It creates an unprecedented level of public tenders from which Namibian companies and workers can benefit and critically shows a government that is open and transparent, is prepared to be held accountable for the results of its decision and to take action where we have fallen short of the tough targets we have set ourselves,” she said.