Law to sanction minister essential

source: BOPA
07 August, 2008

PARLIAMENT – Parliamentarians have requested the government to formulate a law sanctioning the Minister of Finance and Development Planning to seek loans from foreign financial institutions.

It emerged on Monday in Parliament that the country might not be having such a law. The MP for Lobatse, Mr Nehemiah Modubule, urged his colleagues not to be seen trampling on the law by ratifying the loan from the OPEC Fund for International Development (OFID) to finance, in part, the upgrading and expansion of the Sir Seretse Khama International Airport.

He maintained that there was no law sanctioning the Minister of Finance and Development Planning to seek and conclude loans over P500 000 from foreign financiers on behalf of the government.

He tabled a motion which requested Parliament to suspend debate on the Sir Seretse Khama International Airport upgrading and expansion project bill pending the identification of a piece of legislation sanctioning the minister but the motion was defeated.

He nevertheless said as per the 1997 law, the minister was only allowed to [continue reading]



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