Higher revenues help ease deficit by 30%
Friday, June 11, 2021
At its forecast level, the 2020-2021 deficit would have been equal to about 12% of GDP, a situation former Finance and Economic Development minister, Thapelo Matsheka described as “an extremely serious deterioration in our fiscal position”.
This week, estimates from the ministry indicated the actual deficit for 2020-2021 had improved from the forecast made in the February budget, although still in dangerous territory for fiscal authorities.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...