High hopes ahead of Boko’s maiden SONA
Friday, November 15, 2024 | 710 Views |
Boko at his swearing-in ceremony PIC: MORERI SEJAKGOMO
For the first time in many years the SONA is expected to draw significant attention for an array of reasons. It will be the first SONA by the UDC, an opposition coalition which ousted the BDP from 58-years of uninterrupted power a few weeks ago.
Boko will also be addressing an expectant nation that has been burdened by devastating economic challenges and deepening youth unemployment which is estimated to be over 32 percent. The country’s economic challenges have further been compounded by the declining diamond revenue base. Diamonds have anchored the country’s economy for decades.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...