2026/2027 National Budget Allocation
- Apr 20
- 2 min read
On 26 February 2026, Finance Minister Ericah Shafudah announced the 2026/2027 financial years budget allocations to the Ministry of Education, Innovation, Youth, Sports, Arts, and Culture (MEIYSAC).
The theme for this budget focused on "People, Productivity, and Prudence." This is a call to action to nurture human potential, boost growth drivers, and ensure fiscal sustainability.
The government has allocated N$2.8 billion in the 2026/27 financial year to fund subsidised tertiary education, as part of efforts to ease the financial burden on households and expand access to higher education.
Finance Minister Ericah Shafudah announced the allocation as part of the national budget on Thursday, noting that the funding forms part of the N$28 billion appropriated to the Vote for Education, Innovation, Arts and Culture within the broader N$54.3 billion social sector envelope.
Education remains the single largest functional allocation in the 2026/27 national budget, reflecting the government's continued prioritisation of human capital development.
“A total of N$28 billion has been earmarked for the Vote Education, Innovation, Arts and Culture. Of this amount, N$2.8 billion is designated for subsidised tertiary education and for alleviating school congestion,” Shafudah said.
Over the Medium-Term Expenditure Framework, the sector will receive N$83.6 billion. Sports, Youth, and National Services were allocated N$750 million.
During the FY2025/26 Government allocated N$663 million to cater for registration fees and tuition fees for the first quarter (January-March 2026), in line with the approved stance on subsidised free tertiary education at both private and public institutions to ease the financial burden on households. The projected number of students expected to register for the 2026 academic year is approximately 134,079. Institutions are still enrolling students, and the final figures are available only once the registration period closes. 3 9. In addition, during the Mid-term budget of October 2025, N$151 million was allocated to recruit 665 teachers, and to date, 2772 teachers have been recruited for the FY2025/26.
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