Mmegi

NDP12 eyes P400bn investment

PIC: MORERI SEJAKGOMO
PIC: MORERI SEJAKGOMO

The government plans to spend nearly P400 billion in the next five years under National Development Plan 12, a major push for transformation to be helped by private sector partners, information reaching Mmegi indicates.

The transformational spending is expected to cover the investment projects and other development expenditure of the central government, local authorities, and State-Owned Entities that are financed wholly or partially by the government.

Funding is expected to come from the government, private sector partners, and others, with authorities warning that projects could be chopped off the list if capital cannot be raised.

Editor's Comment
Ramogapi & Co should clear the Bonno confusion

According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...

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