Clouds hang over govt’s pursuit of PPP billions

Friday, July 22, 2022 | 1860 Views |

Mega project: The Chobe-Zambezi water transfer scheme has a component that will supply the Pandamatenga farms area and boost the country’s food production and security PIC: THALEFANG CHARLES

Government has officially invited private capital to help finance the upcoming NDP 12 which kicks off next April, saying its ability to keep funding public works is weakening. Already ministries have been asked to compile their proposed projects but as Staff Writer MBONGENI MGUNI notes, tough challenges await

At the recent funders’ conference called by government to test the private sector’s appetite to invest in public infrastructure, Finance Minister Peggy Serame painted a bleak picture of the country’s fiscal future.

According to Serame, between 2012–2013 and 2021–2022, government funded 95% of the total development spending of P108 billion, with the balance coming from project-specific loans and donors.

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