Huge deficit in Phikwe projects' financing

Selebi-Phikwe Finance and General Purposes Committee chairperson, Molosiwa Molosiwa said when briefing the Minister of Finance and Development Planning, Baledzi Gaolathe on Monday that after the completion of the town's first draft UDP III, the overall project cost for the entire seven-year plan period amounted to over P830 million.

However, Molosiwa said the Ministry of Local Government later issued a ceiling of P230 million for the entire UDP III/National Development Plan (NDP) 10.