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Delayed project increases budget under-spending

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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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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