Mmegi

The coat needs more cutting

Despite laudable efforts to apply the brakes on spending by the Umbrella for Democratic Change (UDC) government, there is still a need for the coat to be cut further, to size.

The Minister of Finance this week announced that they had managed to halt government spending by P5.5 billion in the eight months between November 2024 and June of this year.

While this is a welcome development, the problems approaching Botswana’s horizons pour cold water on the efforts. The difference between revenue and expenditure leaves a P5.3 deficit, something that cannot be financed by dipping into reserves as before, showing that the coat still crawls beyond Botswana’s feet.

Editor's Comment
Don’t let fraudsters steal your festive joy

“Fraud and deceit are anxious foryour money. Be informed and prudent.”-John Andreas WidtsoeFor many, this is a time of celebration, family reunions and well-deserved rest after a long year of hard work.For criminals, however, it presents an opportunity to exploit the excitement, financial pressures and generosity that often accompany the festive season.The reality is that while some people are working hard to earn an honest living, others are...

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