Matambo reaches the edge with P7bn deficit
Friday, February 08, 2019
Matambo delievring the Budget speech PIC: MORERI SEJAKGOMO
Although the minister did not clarify in his budget speech on Monday, the 2019/20 deficit is expected to be largely funded from borrowings and drawdowns from the foreign reserves.
Matambo however added that more would be squeezed out from fees, levies and charges, which currently contribute about four percent of total revenues.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...