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Clouds hang over govt’s pursuit of PPP billions

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
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.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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