19 Jun 2014 14:00pm
WINDHOEK, 19 JUN (NAMPA) - Trade and Industry Minister Calle Schlettwein has expressed disappointment at the slow implementation of reform measures and programmes over the past years.
The minister said this in a speech read on his behalf by Deputy Minister of Trade and Industry, Tjekero Tweya during the opening of a one-day workshop titled 'Ease of doing business in Namibia' in the capital on Thursday.
Schlettwein said slow implementation of programmes occurs despite the government's commitments to improve the business and investment climate in the country.
He noted that one of the reasons is the lack of a specific coordinating institution which monitors and keeps track of the implementation of the regulatory and administrative reforms in the country.
To address the shortcomings, and in line with a responsibility allocated to the Ministry of Trade and Industry in the fourth National Development Plan (NDP4) concerning the improvement of the business environment in Namibia, this workshop was called upon to deliberate and come up with suggestions, proposals and an action plan for the way forward, said the minister.
Schlettwein said Namibia enjoys peace and stability, sound monetary policy, respect for human rights, possesses an abundance of natural resources, modern infrastructure, single-digit inflation and a strong well-functioning public administration.
In 2012, the government ushered in the NDP4 to guide its national policies and priorities for a period of five years up to 2017.
The NDP4 identifies economic growth, job creation and increased income equality as the three overarching objectives.
The minister said the achievement of these objectives will depend on a number of factors, and chief among them is overall improvement of the investment environment in the country.
The workshop is attended by representatives from different ministries and agencies.