EDUCATION AGAIN RECEIVES BIGGEST SLICE OF NAMIBIA’S 2014 BUDGET

WINDHOEK, Feb 21-– The Ministry of Education (MoE) has again received the largest share of Namibia’s national Budget, with an allocation of 13.1 billion Namibian dollars (about 1.2 billion US dollars),– up from 10.7 billion NAD received in the 2013/14 financial year.

The ministry’’s allocation represents 22.7 per cent of the total budget and amounts to 42.10 billion NAD over the Medium-Term Expenditure Framework (MTEF) period from 2014 to 2017.

Tabling the Budget for the 2014/15 fiscal year in Parliament on Wednesday, Finance Minister Saara Kuugongelwa-Amadhila said the allocation would help fund the development and upgrading of education facilities and provision of teachers’’ accommodation.

She added that the allocation would also go towards acquiring learning materials, recruitment of qualified teachers, support for institutions of higher learning and vocational training, as well as increased financial aid to students to access tertiary education.

The Minister of Education, David Namwandi, expressed his gratitude in an interview with Nampa after the tabling of the Budget.

““This money will be put to good use,”” he said, adding that the money would be invested in the future of Namibian children, who are the future wealth creators of the country’s economy.

He stressed that his ministry currently faced a number of challenges such as unqualified teachers, demand-driven education, and a lack of infrastructure.

Source: NAMPA

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