Mmegi

Budget slowdown focuses on the wrong numbers

Tricky numbers: Gaolathe has said he wants to see a greater focus on capital investments and cutbacks on the recurrent budget PIC MORERI SEJAKGOMO
Tricky numbers: Gaolathe has said he wants to see a greater focus on capital investments and cutbacks on the recurrent budget PIC MORERI SEJAKGOMO

Budget outturn figures show that government has managed to restrain spending from P97.6 billion to P77.9 billion in 2025-26, with the adjustment falling most heavily on the development budget. While this headline reduction may suggest fiscal discipline, a closer look at the numbers reveals a worrying trend, writes TIMOTHY LEWANIKA

In line with progressive calls from different Bretton Woods institutions to slow spending and consolidate the fiscus, government has cut headline expenditure but the forgone opportunity appears to be investment in the country’s future.

The cuts suggest government continues to trim investment expenditure while protecting consumption, reinforcing a growth model that prioritises short-term stability over long-term wealth creation.

Editor's Comment
Let's show compassion to baby Asli

Her story is heartbreaking not only because she is fighting for her life at such a tender age, but because her parents have spent months navigating a medical journey filled with uncertainty, delays, and rising fear.What began as something that seemed as simple as jaundice has escalated into a life-threatening condition that now requires an urgent liver transplant.For Asli’s parents, the reality is devastating. They are not asking for luxuries...

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