Billions flow as parastatals' spending freeze eases
Friday, February 16, 2018
The billions of pula more in grants that parastatals are set to receive in the next financial year fly in the face of the Finance Ministry’s stated austerity policy for public funds, especially those spent in the generally loss-making parastatal sector.
In his budget speech last Monday, finance minister, Kenneth Matambo pledged to crack down on losses in the parastatal sector, saying while these existed to support government’s development efforts, many were operating below par “a major concern to government”. Matambo slashed parastatal grants in 2016-17 across the board, contributing to a surplus of P1.12 billion.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...