Budget could be P2bn in surplus

*SACU to provide lion's share of income
*Mineral revenues to remain flat
The 2013/14 national budget due for presentation on Monday could contain a welcome P2.1 billion surplus powered by higher than expected revenues from the Southern African Customs Union (SACU), forecasts suggest.

Latest available projections from fiscal authorities, contained in the 2013/14 Budget Strategy Paper, indicate that the modest surplus would arise from revenues of P44.85 billion against expenditure of P42.7 billion.

At that projected level, the surplus would be marginally higher than the P1.15 billion forecast for the 2012/13 financial year.

Editor's Comment
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

Have a Story? Send Us a tip
arrow up