A high stakes ‘go big or go home’ budget

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

Editor's Comment
Our queen: Bring home the crown

Well-wishers gathered at the Sir Seretse Khama International Airport to bid our queen farewell and wish her success as she joins other beauties from around the globe for the coveted crown. Competing in such events is nerve-wracking, and one needs to be fully prepared to stand a chance of making it as a finalist.It is not just about physical fitness; mental state matters too. Unfortunately, sometimes our queens end up facing such fierce...

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