Stimulus budget at P3.6bn so far

Matambo PIC: KENNEDY RAMOKONE
Matambo PIC: KENNEDY RAMOKONE

Government says about P3.6 billion has been budgeted for the Economic Stimulus Package (ESP) so far with more funds expected to be channelled towards the package in the next two financial periods.

The programme, which is expected to run for a three-year period until 2019, has seen P1.4 billion budgeted for the 2015/2016 financial year under a fast track programme, while a further P2.2 billion has been allocated for the 2016/2017 financial year.

Secretary for Economic and Financial Policy, Taufila Nyamadzabo told BusinessWeek that from the P1.4 billion allocated for the current financial year, most of the funds have not been spent as projects had to go through the normal tendering processes before implementation.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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