Namibia's foreign missions get N$590 million
Namibia's foreign missions get N$590 million

Namibia's foreign missions get N$590 million

Herma Prinsloo
NAMPA

WINDHOEK



The ministry of international relations and cooperation has set aside N$589.7 million to foot the operational bill of Namibia's foreign missions, which takes up the greatest chunk of the budget.

This is according to minister of international relations and cooperation Netumbo Nandi-Ndaitwah, who submitted the ministry's budget for the 2021/22 financial year for deliberation and approval in the National Assembly on Tuesday. Of the proposed N$827.7 million budget, 90% is reserved for operational expenditure while 10 percent (N$81.9 million) is earmarked for developmental expenditure. The ministry has five key programmes that informs its budgetary priorities, namely bilateral relations and cooperation; multilateral policy coordination; protocol and consular services; foreign mission representation and coordination and support services.

The bulk of the ministry's budget (71.25%) will be pumped into foreign missions in a bid to enhance economic diplomacy at all missions.

The second biggest recipient is multilateral policy coordination with N$118 million, which will be used to pay Namibia's membership fees to the various international bodies it belongs to.

“This is to ensure that we continue to participate in regional and international bodies to derive maximum benefits geared towards the implementation of our national development plans,” Nandi-Ndaitwah said.

For bilateral relations and cooperation, a budget of N$23 million has been mooted. This programme is believed to be the backbone of effective bilateral cooperation. “The missions will continue to strengthen bilateral relations by cultivating people-to-people contact between Namibia and the people of concurrently accredited countries,” the deputy premier said.



Missions

For the protocol and consular agenda, the budget estimate stands at N$13 million, which will be used to fund state and diplomatic protocol matters, as well as ceremonial events.

During the 2020/21 financial year, eight foreign heads of diplomatic missions presented their letters of credence. Also during the same period, 11 Namibian heads of missions were commissioned while three honorary consuls were appointed by the Namibian government to assist in advancing the country's interests abroad. Namibia recorded positives outcomes through its bilateral and multilateral relation, pocketing N$100 million in foreign direct investment into the local economy, translating into 200 jobs.

The minister noted that international relations cannot be overemphasised.

“Our neighbours form a buffer between us and the rest of the world. In other words, they are our defence line,” she said.

She added: “The government has undertaken to elevate relations with her neighbours by entering into agreements establishing bi-national commissions with Angola, Botswana, Zambia and Zimbabwe in order to further consolidate our bilateral relations and cooperation.”

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Namibian Sun 2024-05-06

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 321.15/OZ UP +0.84% | Copper US$ 4.59/lb UP +1.35% | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 84.25/BBP UP +0.92% | Platinum US$ 963.55/OZ UP +0.80% Sport results: Premier League: Liverpool 4 vs 2 Tottenham Hotspur | Brighton 1 vs 0 Aston Villa | Chelsea 5 vs 0 West Ham | Manchester City 5 vs 1 Wolves | Brentford 0 vs 0 Fulham | Sheffield United 1 vs 3 Nottingham Forest | Burnley 1 vs 4 Newcastle | Arsenal 3 vs 0 Bournemouth | Luton Town 1 vs 1 Everton LaLiga: Rayo Vallecano 0 vs 1 Almería | Sevilla 3 vs 0 Granada | Valencia 0 vs 1 Deportivo Alaves | Celta Vigo 3 vs 2 Villarreal | Osasuna 0 vs 2 Real Betis | Mallorca 0 vs 1 Atletico Madrid | Girona 4 vs 2 Barcelona | Real Madrid 3 vs 0 Cadiz | Real Sociedad 2 vs 0 Las Palmas | Getafe 0 vs 2 Athletic Club SerieA: AS Roma 1 vs 1 Juventus | AC Milan 3 vs 3 Genoa | Empoli 0 vs 0 Frosinone | Hellas Verona 2 vs 1 Fiorentina | Cagliari 1 vs 1 Lecce | Sassuolo 1 vs 0 Inter Milan | Monza 2 vs 2 SS Lazio | Torino 0 vs 0 Bologna European Championships Qualifying: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End English Championship: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End Weather: Katima Mulilo: 18° | 35° Rundu: 16° | 34° Eenhana: 14° | 34° Oshakati: 17° | 33° Ruacana: 16° | 33° Tsumeb: 17° | 32° Otjiwarongo: 14° | 30° Omaruru: 15° | 32° Windhoek: 13° | 28° Gobabis: 16° | 29° Henties Bay: 13° | 19° Wind speed: 19km/h, Wind direction: S, Low tide: 08:09, High tide: 14:30, Low Tide: 20:18, High tide: 02:00 Swakopmund: 15° | 17° Wind speed: 20km/h, Wind direction: SW, Low tide: 08:07, High tide: 14:28, Low Tide: 20:16, High tide: 02:00 Walvis Bay: 14° | 21° Wind speed: 25km/h, Wind direction: SW, Low tide: 08:07, High tide: 14:27, Low Tide: 20:16, High tide: 02:00 Rehoboth: 15° | 29° Mariental: 16° | 31° Keetmanshoop: 17° | 31° Aranos: 18° | 31° Lüderitz: 13° | 22° Ariamsvlei: 17° | 34° Oranjemund: 12° | 20° Luanda: 25° | 29° Gaborone: 15° | 30° Lubumbashi: 16° | 27° Mbabane: 14° | 28° Maseru: 10° | 25° Antananarivo: 10° | 22° Lilongwe: 17° | 29° Maputo: 18° | 30° Windhoek: 13° | 28° Cape Town: 15° | 16° Durban: 18° | 29° Johannesburg: 16° | 25° Dar es Salaam: 22° | 30° Lusaka: 19° | 30° Harare: 14° | 29° Economic Indicators: Currency: GBP to NAD 23.18 | EUR to NAD 19.88 | CNY to NAD 2.56 | USD to NAD 18.47 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.23 | USD to AOA 834.06 | USD to BWP 13.62 | USD to EGP 47.9 | USD to KES 133.73 | USD to NGN 1379 | USD to ZAR 18.4 | USD to ZMW 26.99 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76428.31 Up +0.50% | Namibian Stock Exchange (NSX) Overall Index 1700.24 Up +0.45% | Casablanca Stock Exchange (CSE) MASI 13403.47 Up +0.61% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +6.81% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 321.15/OZ UP +0.84% | Copper US$ 4.59/lb UP +1.35% | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 84.25/BBP UP +0.92% | Platinum US$ 963.55/OZ UP +0.80%