Namibia not yet at peak of development: Iipumbu

21 Aug 2016 10:00am
RUNDU, 21 AUG (NAMPA) – Deputy Minister of Economic Planning and the National Planning Commission (NPC), Lucia Iipumbu has said more needs to be done for Namibia to reach the peak of its development.
Iipumbu made this remark during a regional consultative meeting on the formulation of the fifth National Development Plan (NDP5) at Rundu on Thursday.
NDP4 ends on 31 March 2017 and NDP5 will run from 01 April 2017 to 31 March 2022.
“Despite the impressive growth during NDP4 and other previous plans, this growth was not inclusive. The growth has not come from the sectors we thought would have created decent jobs,” she said.
Iipumbu explained that there are still members of society who are excluded from mainstream economic activities. She said the country's inability to transform the agriculture sector from a subsistence to commercial sector which employs two-third of the workforce is also a challenge.
In addition, the distribution of land and allocation of land to farmers through the resettlement programme is also not enough if not accompanied by productivity.
“The contribution of the manufacturing sector keeps decreasing, from the level of
13.7 per cent in 2011 which was the start of NDP4 to 8.3 per cent in 2015,” she added.
This Iipumbu said is because Namibia's manufacturing depends mainly on the narrow base of the processing of meat, fish and limited minerals.
The low intake in vocational institutions and lack of innovation and technological absorption are other serious constraints for the development and achievement of the NDPs.
“The secondary industries are envisaged to contribute 43 per cent to the Gross Domestic Product by 2030, while currently they just contribute 15 per cent. As a country and as the Kavango East Region let us put our heads together and think critically about what we should do for the remaining 14 years before 2030,” Iipumbu said.
(NAMPA)
SL/AS/CT