Mmegi

Budget 2024: Crunch time for implementation crisis

Moment of truth: Serame has railed against slow spending of the development budget PIC: PHATSIMO KAPENG
Moment of truth: Serame has railed against slow spending of the development budget PIC: PHATSIMO KAPENG

Finance Minister, Peggy Serame, walks to Parliament on Monday carrying what is likely a significantly higher request for development funding. The Transitional National Development Plan which ends in the coming financial year, requires more than P40 billion but poor implementation continues to haunt the fiscus. Staff Writers, TIMOTHY LEWANIKA, PAULINE DIKUELO & MBONGENI MGUNI report

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.

Editor's Comment
Time to end informal sector fronting

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...

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