Budget deficit widens to P7.8bn on diamond slump
Friday, October 11, 2019
At that figure, the deficit will be the largest the budget has suffered in 11 years and the latest in a series of continuous shortfalls since the start of NDP 11 in the 2017-2018 fiscal year.
Figures contained in the Budget Strategy Paper 2020-2021 released by the Finance Ministry on Tuesday indicates that the deficit this financial year will be anchored on a 21% drop in mineral revenues from P21.1 billion to P16.7 billion.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...