Delayed project increases budget under-spending

Friday, February 06, 2015

Minister of Finance and Development Planning, Kenneth Matambo says project implementation continues to pose a challenge to government.

In his 2015/16 Budget Speech on Monday, Matambo highlighted that during NDP 10, the development budget was under spent by an average of 17.3 percent and in 2011/2012 through to 2013/2014 due to delayed project implementation.

“Even where projects are finally delivered, they are usually characterised by cost overruns and questionable quality,” he said.

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