Budget 2024: Crunch time for implementation crisis
Friday, February 02, 2024 | 1210 Views |
As the country waits to hear the last budget before the elections in October this year, it is anticipated that this year’s figures will wow voters, especially as they comprise the balance of spending under the P64 billion Transitional National Development Plan (TNDP).
While keeping an eye on the troublesome deficit, Finance Minister, Peggy Serame, will also be expected to more rigorously address the poor project implementation that has dogged spending for years.
The Francistown Umbrella Informal Sector chairperson, David Mbulawa, has highlighted this growing concern, revealing that many local traders are using their licences to facilitate the entry of foreign goods into the market at a fee.Fronting undermines the very fabric of our local economy. It allows foreign traders to exploit the system designed to benefit Batswana, using local licences to cross borders and sell goods at prices intended for local...