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.

Editor's Comment
Watch your tongue Mr President

While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...

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