19 Feb 2014 19:20pm
WINDHOEK, 19 FEB (NAMPA) The Ministry of Education (MoE) has once again received the largest share of the National Budget, with an allocation of N.dollars 13,1 billion up from N.dollars 10,7 billion received in the 2013/14 financial year.
The ministrys allocation represents 22,7 per cent of the total budget and N.dollars 42,10 billion over the Medium-Term Expenditure Framework (MTEF) period (2014-2017).
Tabling the National Budget for the 2014/15 financial year in Parliament on Wednesday, Minister of Finance Saara Kuugongelwa-Amadhila said the allocation will help fund the development and upgrading of education facilities and provision of teachers accommodation.
She added that the allocation will also help with acquiring learning materials, recruitment of qualified teachers, support for institutions of higher learning and vocational training, as well as increased financial aid to students to access tertiary education.
The Minister of Education David Namwandi expressed his gratitude in an interview with Nampa after the tabling of the budget.
This money will be put to good use, he said, adding that the money will be invested in the future of Namibian children, who are the future wealth creators of the countrys economy.
He stressed that his ministry currently faces a number of challenges such as unqualified teachers, demand-driven education, and a lack of infrastructure.
Namwandi said the money will also be used for higher education, particularly the transformation of the Polytechnic of Namibia (PoN) into the University of Science and Technology later this year.
He explained that Cabinet directed his ministry to establish colleges within five years after the transformation of PoN into a university.
Launching the institutions strategic plan for 2014-2018 earlier this year, Polytechnics Director of Planning and International Relations, Neavera Olivier said universities of science and technology focus more on science, technology and innovation and by 2018, the PoN will no longer offer any of the certificates or diplomas it currently offers.
The envisaged colleges will thus offer courses which are set to fall away during the transformation of the PoN into a university.
The minister could however not say how many colleges will be established.