Multiple levies distort budget accountability

Friday, May 02, 2014

Botswana’s numerous ring-fenced off-budget ‘special funds and levies’ provide an opportunity for exploitation and should be brought into the budget. In that way, suggests prominent economist Dr Keith Jefferies, both the revenue raised and the expenditures made are subject to normal public finance accountability.

In a 2014 first quarter economic review report, Jefferies together with his Econsult colleagues Bogolo Kenewendo and Thabelo Nemaorani say that the levies are a form of a hidden tax and are generally frowned upon from a public finance perspective.

As at 2013, there were 37 special funds in existence, 19 of which are financed through levies that the government imposes on different activities.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

(L-R). Kagiso Molatlhwa. Olebile Machete and Morena Monganja addressing the media on constitutional amendment PIC: KENNEDY RAMOKONE

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 1d ago

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 1d ago

IEC rejects 2,513 registrations

Innocent Selatlhwa | 1d ago

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 1d ago

Serowe woman ingests acid, attempts suicide

Pini Bothoko | 1d ago

Serowe man 'loses' P1m in crypto trading

Pini Bothoko | 1d ago

MultiChoice appoints Johnson Otlaadisa to the role of Production Supervisor for Mzansi Bioskop Local Film Project

Staff Writer | 1d ago

Grieving individuals urged to seek support

Boikanyo Mathonsi | 1d ago

Inspect the voters' roll!

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...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Multiple levies distort budget accountability