Windhoek – President Hage Geingob says his administration is going to continue implementing policies and building institutions that improve the livelihoods of all Namibians.
The Head of State and Government said this Wednesday as he officially launched the Namibia Revenue Agency (NamRA).
President Geingob said, “Over the past 31 years, we have devoted a large proportion of public resources to address inequality, strengthen democratic governance and create enabling conditions for economic expansion. The Namibia of today is a far cry from independence. Average life expectancy has rebounded to 63.7, years after initial setbacks in the early 2000s. The global competitiveness report ranks the quality of Namibia infrastructure as 58.5 out of 141 countries assessed.
“Thanks to targeted investment in growth enhancing infrastructure development, the quality of our road infrastructure is rated the best in Africa. Furthermore, a system of social safety nets is administered, so that it serves as the first line of defence against poverty and vulnerability. Access to education, health and public amenities such as portable water have been expanded and we have made meaningful inroads in reducing social inequalities.”
President Geingob said NamRA was central to the country’s domestic resources mobilisation as it would sharpen institutional capacity within the context of revenue collection.
“The transformation of tax, customs and excise administration function into a semi-autonomous institutional setting represents a distinct addition to the stock of a robust national institution with great latitude of transparency and accountability, this enhancing public trust in the administration of tax laws.
“Notably, the institutional reform presents opportunity to achieve greater equity in the revenue administration function. The lofty goals of our national Vision 2030 inspire us to be industrialised, knowledge based economy with decent living conditions for all Namibians,” he said.