Mmegi

A high stakes ‘go big or go home’ budget

Friday, February 09, 2024 | 230 Views |

Tricky year: Cornelius Dekop, the new BoB governor, will keep an eye on the budget’s possible inflationary effects PIC MORERI SEJAKGOMO

Fiscal authorities believe the historic P102 billion budget will jumpstart a stagnating economy. But the spending plan is also fraught with risks, including inflation and increased wastage. Staff Writers, MBONGENI MGUNI & TIMOTHY LEWANIKA report

Keith Jefferis, one of the country’s most respected economists, says he has seen the situation around the record budget spending proposed this week, before.

“I’ve seen this before in 1990 and the result was a lot of waste and a lot of inflation,” he told the 30th edition of First National Bank’s budget review on Tuesday.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

budget speech 2024

Leaders: Chadibe FC is on the verge of Premier League promotion PIC: LEATILE MORGAN

Chadibe, Motlakase coaches under spotlight

Chakalisa Dube | 7 h ago

Will it be Letsile, Branch or Motlhanka?

Kabelo Boranabi | 7 h ago

Athletes target late Olympics berths

Larona Makhaiza | 7 h ago

Supplementary voter registration resumes Monday

Sharon Mathala | 1d ago

Top DIS agents’ fear arrest, detention

Mpho Mokwape | 1d ago

Manual Workers Union supports 15% increment

Larona Makhaiza | 1d ago

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

The Monitor Editor | 14 May 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More