Diamond surge turns 2021 budget deficit into surplus
Friday, June 10, 2022 | 1350 Views |
The 2021–2022 final budget outcome is due in August and should it be achieved, the surplus would be the first in the country’s books since the 2016–2017 financial year. In her February budget speech, (Finance) Minister Peggy Serame had projected the deficit for 2021–2022 at P10.2 billion or 5.09 percent of Gross Domestic Product (GDP), following on from another whopping P16.4 billion shortfall in 2020–2021, equivalent to 9.4 percent of that year’s GDP.
The finance ministry's permanent secretary, Wilfred Mandlebe, this week told a parliamentary committee that at the last count, the deficit for 2021–2022 was P185 million, putting the budget on track for a small surplus when the numbers are finalised in the next two months.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...