DIS thwarts Masisi as SPEDU P1.2bn project stalls
Friday, November 13, 2020
DIS thwarts Masisi as SPEDU P1.2bn project stalls
“The construction of the SPEDU Industrial and Urban Agriculture Land Servicing project commenced in August 2020 and it is expected to be completed by June 2023,” Masisi told the nation on Monday.
“Once complete, the project is expected to create 3,500 jobs with an investment of P1.2 billion.” It appears the President was unaware that the works contract for the design and building of Phase 1 infrastructure in Bolelanato and Senwelo Industrial Sites in Selebi-Phikwe was halted, thanks to the DIS.
“Financial freedom is more of ajourney than a destination.”– Rob BergerThe preliminary 2026–2027 budget deficit has been revised down to P9 billion, which is an equivalent to 3.1 percent of Gross Domestic Product (GDP). It is an improvement from the P26 billion or 8.9 percent of GDP projected in February.This P17 billion improvement is significant and deserves acknowledgement.Government’s restraint on non-essential expenditure, tighter...