VAT raised, sugar tax launched as deficit balloons
Monday, February 01, 2021
According to his budget speech delivered to a virtual parliament, the 2020/21 financial year which ends on March 31 is expected to reflect a deficit of P21 billion, the highest in history according to available statistics.
“This is an extremely serious deterioration of our fiscal position and it has resulted in a rapid depletion of our reserves in the Government Investment Account,” Matsheka said.
These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...