mmegi

The monkey on the back of govt's "best laid' fiscal plans

International gateway: The P500 million refurbishment of Sir Seretse Khama International Airport was originally scheduled to be complete in 2010, but wound up being suspended for three years. It was eventually finished in 2015 under a new contractor, with additional costs of P142 million 
PIC: MORERI SEJAKGOMO
International gateway: The P500 million refurbishment of Sir Seretse Khama International Airport was originally scheduled to be complete in 2010, but wound up being suspended for three years. It was eventually finished in 2015 under a new contractor, with additional costs of P142 million PIC: MORERI SEJAKGOMO

Fiscal authorities concede that wastage, poor implementation and misuse have dogged both recurrent and development spending over the decades. Government’s plans to balance the budget next year and accelerate much needed structural economic reforms, depend on how well this elephant in the room is tackled, notes Staff Writer, MBONGENI MGUNI

In his response to the 2022 Budget Speech this week, former Finance Minister, Thapelo Matsheka, took legislators down memory lane, recalling how the Budget Speech of 1997 spoke to the themes of tighter public finance management as a tool for more efficient development funding.

Copies of that particular budget speech do not readily appear online but a copy at the Parliamentary Library indicates that then Finance Minister, Festus Mogae, was more emphatic about the need for transformation than the sentence paraphrased by Matsheka.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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