Half-billion pula to facilitate elections

The TNDP's fiscal years span from April 2023 to the upcoming financial year ending in March 2025. According to the 2024-2025 draft estimates of expenditure from the consolidated and development funds, the Independent Electoral Commission (IEC), which is tasked with conducting and supervising elections, has already utilised P120,800,000 in the first fiscal year ending next month. The estimates indicate that the IEC is expected to spend P373,896,000 for the 2024-25 financial year which commences in April.

The P64 billion TNDP tabled by Minister for State President, Kabo Morwaeng, in December 2022 aims to be a catalyst for economic transformation over the next two fiscal years. In comparison to the 2019 election budget of around P510,902,554, this year sees an increase of P17.9 million to accommodate various changes.