Budget on track for surprise diamond-backed surplus
Friday, January 13, 2023 | 1010 Views |
Balancing act: Serame’s books could be headed for a surplus at the end of March PIC: PHATSIMO KAPENG
The last time the budget recorded a first half surplus was in 2014-15 with P859 million, according to BoB records available online.
Finance Ministry technocrats have not yet revised their expectations of a P7.7 billion deficit for the current fiscal year, although Minister Peggy Serame is expected to give an update on the numbers when she delivers the budget next month.
As cases continue to threaten herds and rural livelihoods, one simple but critical action can make a powerful difference: strictly adhering to FMD regulations, including refraining from slaughtering cloven-hoofed animals.Cloven-hoofed animals, such as cattle, sheep, goats, and pigs, are highly susceptible to FMD. Slaughter, especially during outbreaks or restricted periods, significantly increases the risk of spreading the virus through...