Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698750208925.pdf (Namibia)
STATEMENT OF HON.

ERASTUSA.

UUTONI ON THE 2011/2012 BUDGET DEBATE • Hon.

Speaker • Honourable Members Allow me to make my humble contribution under discussion.

toward the 2011/2012 appropriation bill This year's budget attracted more attention not only from members of Parliament, but p~ from all walks of life within the Namibian society.

It is an attractive budget in the sense that some members of society are happy with it like myself.
Some are saying is too much, while others are asking why spend like there is no tomorrow?

There are also others with the opinion that the budget will not achieve anything because there is no mention of increments of pension or orphans etc.

you I am therefore, when encouragement Party.

have a budget pleased to mentioned that democratic to the minister's concern and also to a certain extent this is really a good budget ever, because it's an the ruling SWAPO a public debate, provide that Hon.
Speaker, healthy in the interest of good democracy to National participation affairs of the country.

I regard the public debate on the National Budget a good move and in the economic This year on the 11 March 2011 some Namibian economist spare no time, and organize short workshops views toward the for members for National Assembly on their 2011/2012 budget.
One of the presentation by FIRSTCAPITALASSETMANAGEMENT entitled Critical Review of the 2011/2012 National Budget presentation to National Assembly, in addition to this title with the sub key words where mentioned which are: Knowledge, Creativity, Solution.

The presentation was more programs, on to analyze how the newly introduced government known as TARGETING INTERVENTION PROGRAM FOR EMPLOYMENT AND 1 ECONOMIC GROWTH(TIPEEG ECONOMIC GROWTH AND JOB CREATION) should be carried out.
The presentation was of the opinion that, to successfully achieve good results under these programs is only if such programs are broken down into phases such as: in order for the Government • Short Term of (1-3 Years): In the short-run GNR will spend more than N$100 billion to support economic growth and job creation and the following measures and suggest: ../ Expansionary Economic Policy Package (Fiscal Policy.etc) ../ Spending on Targeted Infrastructure {for future manufacturing in the medium term: ../ Subsidies to SOE's and targeted support to private Enterprises to boast production; ../ Regulatory intervention that affectively address market and state failures.
• Medium Term of (3-5 Years): ../ Agriculture based manufacturing (Agriculture Value Chain) ../ Government Targeted support program to induce the Private Sector to invest in targeted sector; ../ Other manufacturing activities, where Namibia has comparative advantage.

• Long Term of (5 Years and beyond) It is a good proposal but problem.

The proposal says as full employment reduce it sector.
and Capital in the long run of 5 years and beyond phase is where I have a increasingly in the economy, outsource and transfer ownership to private interventions to knowledge It further said that Government confines its support intensive sector in order to remain competitive.

is achieved, the state must involvement If Government happens to transfer and reduce its involvement then the nation will be in trouble.
The reason is being for learned with the private sector, for them is profit and not with social responsibility.

government many others in the hands of private sector what in the country's economy the experience we have If and NAMWATER as well as for example leaves NHE, DBN, NAMPOWER, to expect.

Our children will no longer afford to buy houses not even able to pay for water bills.
A good example is mortgage bonds with the banks, whereby you have to pay and pay, you would not even want loan before 20 years is complete.

to ask for another 2 to me, for TIPEEG to produce or achieve good results only if National Therefore, Planning Commission introduces awareness campaign, that will educate the population about the new government programs.

However this should be done with the assistance of stakeholders such as the NCCI, DBN, Ministry of Trade and Industry and others.
This awareness campaign should be in the form of workshops targeting business people, Regional and Constituency development youth groups and others to understand from the 14,6 Billion allocated for employment and economic growth creation.
how, where and when to benefit committees, the Development Bank of Namibia (DBN) on its own right can also organize the I believe that not many of our young people especially those with vocational the same Further, awareness campaign through media and face to face presentations throughout country.

skills know how to get this money from DBN.

In addition, it seems to me that skilled young people have difficulties when it comes to the tendering process.

Hon.
Hon.

Speaker, I occasionally meet with most of the young entrepreneurs who wish to grow their business, but due to some difficulties they express their dissatisfaction with tile issue with regard the tender board is the Tender Board.

However, with the drafters after His Excellency the President Hifikepunye Pohamba expressed his views on the tender board regulation to be reviewed.

I understand that Hon.


Speaker, even after the tender board regulation is amended; still the problem will remains if the tender board together with other stakeholders such as NCCI, Ministry of Works and Transport do not engage entrepreneurs with workshop to educate them about the processes to unable them win future tenders.

Therefore, situation will be something of the past in Namibia.

if this proposal I believe that is taken into consideration the unemployment Hon.
Speaker I support the Appropriation Bill.

3