{"id":85328,"date":"2024-03-08T00:00:00","date_gmt":"2024-03-08T00:00:00","guid":{"rendered":"http:\/\/southafricajournal.com\/?guid=e2b5187f1d0b5d098ce11a05617d49be"},"modified":"2024-03-08T00:00:00","modified_gmt":"2024-03-08T00:00:00","slug":"unam-vc-warns-against-insufficient-budget-allocation-for-critical-sectors","status":"publish","type":"post","link":"https:\/\/southafricajournal.com\/unam-vc-warns-against-insufficient-budget-allocation-for-critical-sectors\/","title":{"rendered":"UNAM VC warns against insufficient budget allocation for critical sectors"},"content":{"rendered":"
\nWINDHOEK: The Vice Chancellor of the University of Namibia, Prof Kenneth Matengu has warned against the allocation of insufficient funds to critical sectors in the country, saying it may hamper development.<\/p>\n
Matengu was speaking during a high level tertiary education funding budget review dinner organised by the Namibia Press Agency on Thursday night. Prime Minister Saara Kuugongelwa-Amadhila officiated the event. Matengu stressed that services of strategic interest which are critical to a country’s development are education, health, security and agriculture.<\/p>\n
‘If there is no investment in those services, a nation will fault in its development objectives and the obligations the State has to the people will be compromised. Typically if a country is in trouble, governments that use this model will increase investments in these sectors. If you are not allocating resources to cause development to happen, there is a problem,’ he said.<\/p>\n
He further reiterated that the national budget ought to cause development throu
\ngh building competencies that the country needs.<\/p>\n
‘If you don’t assign resources you have not made a decision. As a country we need to reflect if we are really using the budget to steer education, to achieve the competencies a sector needs. A national budget is a platform that Government uses to allow its nation to know how the resources it has raised will be used. It is a system that allows for accountability in terms of tax payers as well as the legislation,’ Matengu added.<\/p>\n
Source: Namibia Press Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
WINDHOEK: The Vice Chancellor of the University of Namibia, Prof Kenneth Matengu has warned against the allocation of insufficient funds to critical sectors in the country, saying it may hamper development.<\/p>\n
Matengu was speaking during a high level te…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\n