Govt opens up on 2011/ 12 budgeting

source: Sunday Standard
by Sunday Standard Reporter

In a rare moment coming at a time when public finances and debt are getting out of control, the Ministry of Finance and Development Planning has gathered its critics for 2011/ 12 budget consultation next week.

The gathering, named Budget Pitso, is a culmination of concerns from the industry and NGOs that Botswana public budget is done in ‘secrecy’.

“We are doing this because of the background,” explained Kenneth Matambo, the Finance minister. “We have been criticised about government budget and people heard only about it when it is presented in Parliament. Maybe the criticism was valid.”

A number of policy think tanks like BIDPA and trade unions have queried the way budget formulation is being [continue reading]


%d bloggers like this: