Considering The Budget Speech- Final Reflections

Perhaps a starting point to end this series of reflections on the recently presented Budget Speech, is an assessment of its overall effectiveness and anticipated impact.

The question one might ask is; do we think it will achieve what it is meant to achieve? And to what extent? Does it give realistic estimates? Will we find ourselves having to recover again, from a year we did not anticipate, yet we could have? And what of the excessive expenditure at the highest echelons of leadership? Should that be taken into account in considering the state of the nation’s finances? Or is that just a petty oppositional tactic as has been argued?

The Budget Speech is an important event in the national calendar as it let us us know the state of our country’s finances and economy. It is supposed to consider the previous year, as we noted in the first piece, and project into the following year, estimating, and anticipating what will incur that will need finance from the nation itself, and how to maintain the current state of the country’s finances.

Editor's Comment
Happy Independence!

We are 56 years old and what do we have to show for it? Looking at where Botswana started and where it is today, there are a lot of developments, but whether the developments match the number of years we have enjoyed as a country is a topic for another day.The fact that cannot be denied is we have seen major developments, but we are still lacking in several pertinent areas.Our beautiful country imports almost everything. We import fuel, food,...

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