Matambo treads budget tightrope
Friday, January 30, 2015
Stagnant public revenues and rising needs set against growing public expectations on promoting inclusive growth leave him with a plethora of urgent priority tasks which cannot be implemented simultaneously.
With the new fiscal rule demanding that government sets aside up to 40 percent of mineral revenues to buffer financial savings, the need to post another budget surplus has added pressure to the mounting concern over the inadequacy of resources channelled towards driving poverty eradication, income equality and job creation.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...