Mandla nkomfe 05 march 20 mec for finance says provincial govt has been prudent about overall spending. Passing the psle allows reintegration of outofschool children and youth into the school system at the next appropriate. Fiscal policy continues to be the main instrument for macro. Thapelo matsheka, minister of finance and economic development i. In addition, the rate of withholding tax on royalties was set to increase from 12% to 15% also effective 1 july 20. Passing the psle allows reintegration of outofschool children and youth into the school system at. Thapelo matsheka minister of finance and economic development delivered to the national assembly on 3rd february 2020 website. Mr president, in conclusion, botswana joins other member states in supporting the medium term strategy and its operational plan. P printed by the government printing and publishing services, gaborone. The 2014 budget speech, delivered to the national assembly on the 3rd february 2014, presented the outlook for the economy, budget outturns for 2012 fiscal year fy and revised budget estimates for 20 14 fy.
Republic of botswana 2020 budget speech by honourable dr. The minister of finance announced in the 20 14 budget speech that the effective date for the new interest and royalty withholding tax regimes will be delayed until 1 march 2014. Growth in private sector employment averaged about 10% per annum during the first 30 years of the countrys independence. Millennium development goals status report 2015 sustaining progress to 2015 and beyond botswana. The economy of botswana is currently one of the worlds fastest growing economies, averaging about 5% per annum over the past decade. The budget outturn for the 202014 financial year was a surplus of p7. Sir, on 1st january 20, we successfully rebased the kwacha. Jun 04, 2016 how to see the best of botswana on a relative budget save a lion in botswana. Thus, the 20 national budget must play its part in prioritising the development aspirations of the people of zimbabwe, clearly articulated during this years nationwide budget consultative meetings, as well as in previous ones. Actual budget outturn for 201617 was a surplus of p1.
As at 30th september, 20, the bank of zambia had withdrawn k3. President uhuru kenyatta took office in 20, there were numerous constraints to economic growth. Viewing of documents below requires adober reader which can be downloaded at in case you have problem showing all the. It also presented the recommended budget proposals for the 201415 fy and announced some policy reforms and fiscal legislation. The minister of finance announced in the 2014 budget speech that the effective date for the new interest and royalty withholding tax regimes will be delayed until 1 march 2014. Since this is the first budget presentation after the election of a new parliament, that is, the 11th. Matambos budget speech 201516 the patriot on sunday. Speaker, i have the honour this afternoon to present to the national assembly the. This page provides botswana government budget actual values, historical data. Republic of botswana 2015 budget speech by honourable o. Millennium development goals status report 201 sustaining progress to 2015 and beyond 9 the 200809 financial and economic crunch saw the government budget drift from a surplus to deficit position with the ratio of government debt to gdp escalating from 10% in 2008 to. How to see the best of botswana on a relative budget.
On these two foundations, we are able to offer bold and forthright leadership. Budget 202014 budget speech legal deposit bibliotheque et archives nationales du quebec november 2012 isbn 9782551253531 print isbn 9782550664109 pdf. Botswana is a country we all love, and which is deeply linked to our family. The cash exchange exercise will continue until 31st. Formerly the british protectorate of bechuanaland, botswana adopted its name after becoming independent within the commonwealth on 30 september 1966. Madam speaker, i have the honour this afternoon to present to the national assembly budget proposals for the financial year 20152016. State department country reports on human rights practices indigenous people 2017 pdf, 2016 pdf 2015 pdf, 2014 pdf, 20 pdf, 2012 pdf, 2011 pdf foreign government reports. The availability of budget documents contains a series of four tables that allow the researcher to examine and map the public availability and dissemination of its countrys key budget documents i. The 201718 revised budget estimate is a deficit of p2.
The 2014 budget speech, delivered to the national assembly on the 3rd february 2014, presented the outlook for the economy, budget outturns for 2012 fiscal year fy and revised budget estimates for 2014 fy. Now we are convinced that it is impossible for pf to do a budget in one month, the first pf budget will therefore be in october 2012 for 20, this one is rbs. For example, we had huge infrastructure gaps in roads, rail and air transport as well as challenges at our ports. Recognizing the importance of the 2030 agenda and the paris agreement, he said botswana had held several multistakeholder consultations in the formulation of. Recognizing the importance of the 2030 agenda and the paris agreement, he said botswana had held several multistakeholder consultations in the formulation of both its national development plan for 2017. Botswana recorded a government budget deficit equal to 3. Matambo minister of finance and development planning delivered to the national assembly on 4thfebruary 20 website. Matambo minister of finance and development planning. The botswana meat commission whose latest audited financial statements are for 2014, registered a net loss of p9.
Speaker, it is my honour to present to this august house the fy 201819 budget statement. Increasing food and oil prices represent risks to the inflation outlook. Matambo minister of finance and development planning delivered to the national assembly on 2nd february 2015 website. Allow me to now briefly elaborate on the governments fiscal policy stance as well as budget performance for 201617 and proposed allocations for 201718. Speaker, as a country we have come a long way since 20.
Projected 20 14 budget surplus is estimated at p779 million representing 0. Republic of botswana 20 budget speech by honourable o. Madam speaker, i have the honour this afternoon to present to the national assembly budget. Budget speech highlights the economy experienced a growth rate of 4.
Should the proposed budget be allowed as it is, there will be an increase in the budget surplus from p1. This is a budget in which there is limited room for expansion, yet there are significant opportunities for change. On the issue of hiv and aids, botswana government is steadfast in its commitment to achieving universal access to hiv prevention, treatment, care and support. Projected 2014 budget surplus is estimated at p779 million representing 0. Madam speaker, i have the honour this afternoon to present to the national assembly budget proposals for the financial year 20162017.
Matambo, minister of finance and development planning, delivered to the national assembly on 1st february 2016. Masisi, vicepresident of botswana, said the united nations was the only universal organization with the moral authority to seek solutions to the worlds challenges. I make this statement in fulfillment of the requirements of section 40 of the public finance management act, 2012 and the standing order number 241 of the national assembly. Feb 08, 2018 most leaders dont even know the game theyre in simon sinek at live2lead 2016 duration. Actual budget deficit for 201112 was p181 million as compared to the estimated budget deficit of p3. Mandla nkomfe, on the occasion of the tabling of the 2014 gauteng budget to the legislaslature, march 5 20. How to see the best of botswana on a relative budget save a lion in botswana. Republic of botswana 2018 budget speech by honourable o. The psle is a lowstake examination that certifies completion of primary education. Revised estimated 2012 budget surplus amounts to p835 million compared to p1. Botswana is grateful for this continued support which she receives through bilateral and multilateral arrangements. Fiscal policy continues to be the main instrument for macroeconomic policy and management in lesotho. Further education and training will continue to be extended and enhanced. In search of a more affordable option in this notoriously expensive wildlife destination, sarah gilbert joins a group mobile camping safari.
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