By: Nghiinomenwa-vali Hangala

The country treasurer, Ericah Shafudah, has been given the green light by Parliament and the President to start releasing the National Budget funds to various Offices, Ministries, and Agencies (OMAs) for the procurement and fulfilment of various commitments.

This is after the long debate on the FY2026/27 Appropriation Bill, which was tabled almost two months ago in the National Assembly for debate on 26 February 2026.

The FY2026/27 Appropriation Bill (operational and development budget) stood at N$87.9 billion without statutory payment (interest on borrowing).

The Minister of Finance/Treasurer needs the Bill to be approved by Parliament and signed into law by the President before it can start releasing the money to all those tasked to execute government mandates.

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