- The Namibian Ministry of Finance is considering removing VAT on essential goods to support low-income families.
- Finance executive director suggests zero rating VAT as a sustainable aid method for vulnerable households.
- The ministry is exploring new measures to improve social grant targeting and address system gaps.
- Means and asset testing are being considered to ensure aid reaches the most needy households.
- The effectiveness of uniform social grant payments is being questioned.
- A proposal for N$7.2 billion for social grants is included in the 2025/26 appropriation bill.
- The ministry is focusing on expenditure reviews to enhance budget efficiency.
- Initial reviews will target priority sectors like health, education, and agriculture.
- The public expenditure review is set to begin this year, expanding to cover multiple sectors.
Source: allafrica.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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