NDP 12’s small missing piece

On paper, the equation appears simple. Pension funds as at October 2025 held more than P166 billion in funds while government has, since 2017-18, been running multi-billion Pula budget deficits.

One side is looking at stable returns for members and another is looking at running the public service and delivering development. There’s a nexus between these two goals, particularly as the members of the pension funds are also the same citizens government serves.