Botswana legal framework for transparency botswana has a wellestablished and detailed legal framework governing its budget system. It is within this context that we have had to confront the reality that our wage bill has continued to escalate in an environment where the pool of resources to. Sustainable development goals sdgs adopted in september 2015, which are. The preparation of the 20182019 bsp is formulated under very challenging global, regional and local environments. Madam speaker, the financial year 2015 16 budget was consequently approved by parliament on may 30th 2015 in accordance with section 14 of the public finance management act 2015. 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 2015 2016 budget estimates for statutory expenditure is p7. Most leaders dont even know the game theyre in simon sinek at live2lead 2016 duration.
It seeks to allocate resources systematically and fairly. Ministry of education and skills development government financial support through ministerial budget. Mutati, mp minister of finance delivered to the national assembly on friday, 11th november, 2016 1. The 201718 revised budget estimate is a deficit of p2. Actual budget out turn for 2015 16 was a deficit of p6. Quite the opposite, in fact, it is a point of departure and gives new momentum to quebec. Highlights of the budget speech for 20162017, presented to the national assembly on monday. This will be offset by lower tariffs for services provided by the national health laboratory service. In search of a more affordable option in this notoriously expensive wildlife destination, sarah gilbert joins a group mobile camping safari. While the bsp provides a snapshot of key issues of consideration during a given year, the subsequent annual budget speech provides more elaborate details of these issues. And it is one that is presented in very special circumstances. Madam speaker, the financial year 201516 budget was consequently approved by parliament on may 30th 2015 in accordance with section 14 of the public finance management act 2015. They provide data on formal sector employment levels, average earnings and other characteristics of the workforce. Thapelo matsheka, minister of finance and economic development delivered to the national assembly on the 3rd february 2020.
This has not yet been achieved and the unemployment rate has remained a cause for concern, at annual rate of 17. Over the past four years a number of structural policy reforms have been implemented to strengthen resilience. The 20152016 budget speech for botswana was delivered by honourable o. Actual budget out turn for 201516 was a deficit of p6. Matambo minister of finance and economic development. Assembly budget proposals for the financial year 20142015. Madam speaker, i have the honour this afternoon to present to the national. 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. Labour statistics are needed by government and other users to plan for employment and wages policies in the country. As a result, the growth estimate for the 2015 has been revised downwards from 2. The 201011 budget speech noted problems related to investment. Republic of botswana 2016 budget speech by honourable o. The current practice is for mfed to publish data tables in pdf format is not user friendly and require.
The strategic plan for the ministry of agriculture for the next five years was elaborated based on the main orientations in the second phase. Matambos budget speech 201516 the patriot on sunday. Republic of botswana ministry of finance and development planning private bag 008 gaborone the 2008 budget speech in brief the new budget is designed to ensure that the economy of botswana is on target to achieve the goals of vision 2016, including a trebling of botswanas real per capita income between 1996 and 2016. The deterioration came from lower sacu revenues and a drawdown on reserves to finance the large budget deficit in 201617. Towards an empowered society and inclusive economic growth presented to the parliament of zimbabwe on 27 november, 2014 by hon. Ministry of finance and development planning september 2016. Global economic growth is expected to remain sluggish over the period ahead, rising from 3. Republic of botswana the 201718 budgetinbrief ministry of. The budget process plays a role in clarifying these options, probing their costs and assessing implementation modalities. Budget speech highlights the economy experienced a growth rate of 4. Feb 06, 2017 madam speaker, a significant budget deficit of p6. Since this is the first budget presentation after the election of a new parliament, that is, the 11th. Defence force bdf bands in concert in style commenced last night at the sir seretse khama barracks sskb.
Mokgweetsi masisi, first lady mrs neo masisi as well as members of the diplomatic corp and other senior government officials. Matambo, minister of finance and development planning, on 2 february 2015 the 201516 budget speech focuses on interventions aimed at promoting economic growth and diversification in the country as they are critical in addressing the persistent challenges of unemployment. Mr speaker sir, the recent lapse of the restrictive measures under the article 96 of the cotonou agreement is a welcome development. Against this background, the design of the 2015 national budget should reinforce the policy oriented thrust for laying a solid foundation for accelerated growth and creation of employment opportunities.
Revenue proposals, including customs and excise duties, c. I rise to move the second reading of the general revenue appropriation bill for fiscal year 2015 2016. Contributing to the slow growth in the domestic economy in 2015 was the mining sector, which declined by 14. Mr speaker sir, i move that leave be granted to present a statement of the estimated revenues and expenditures of the. Budget documents over time botswanas score of 47 on the 2015 open budget index is largely the same as its score in 2012. Millennium development goals status report 2015 sustaining progress to 2015 and beyond botswana. Chinamasa, mp minister of finance and economic development. Botswana budget 201617 driving progress detail one context 20142015 a shor t descriptio n with additiona l. 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. Speaker, it is my honour to present to this august house the fy 201819 budget statement. It comes, after all, barely a week after the resounding udp victory in the countrywide municipal elections. I rise to move the second reading of the general revenue appropriation bill for fiscal year 20152016. Matambo minister of finance and development planning delivered to the national assembly on 1st february 2016 website. Budget statement fy 201819 creating jobs, transforming lives and sharing prosperity the national treasury and planning p.
Highlights of the budget speech for 20162017, presented to the national assembly on monday 1 february 2016, by the minister of finance and development planning, the honourable o. Moas 20152019 strategy was elaborated in three phases. Botswana recorded a government budget deficit equal to 3. Actual budget outturn for 201617 was a surplus of p1. The framework derives from the constitution of botswana, the finance and audit act as amended in 1997, as. Thanks to that effort, the books have been balanced. This, mr speaker, is the 8th budget in the current cycle of udp governance. The 201617 revised budget estimate is a deficit of p1. In the first phase, the main orientations of the lebanese agricultural policy were identified. 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. Matambo, minister of finance and development planning, on 2 february 2015 the 2015 16 budget speech focuses on interventions aimed at promoting economic growth and diversification in the country as they are critical in addressing the persistent challenges of unemployment. The framework derives from the constitution of botswana, the finance and audit act as amended in 1997, as well as various other laws and regulations. The 2015 2016 budget speech for botswana was delivered by honourable o.
Madam speaker, i have the honour this afternoon to present to the national assembly budget proposals for the financial year 20152016. Bwgovernment 201920 budget speech full text download. On these two foundations, we are able to offer bold and forthright leadership. I would like to take this opportunity to thank parliament, under your able guidance and support,for passing the budget on. Republic of botswana 2018 budget speech by honourable o. Botswana primary school leaving examination botswana examinations council government report generated on.
Improving the comprehensiveness of the enacted budget, citizens budget, and yearend report. Feb 08, 2018 most leaders dont even know the game theyre in simon sinek at live2lead 2016 duration. Still clutching my coffee, i swung around just in time to see an impala flash past. Republic of botswana 2015 budget speech by honourable o. Bdf band concerts get underway the annual presentation of botswana. Madam speaker, owing to declining commodity prices and increasing financial market volatility, the global economic performance for 2015 was. Since 2012, the government of botswana has increased the availability of budget information by. The largest share of the development budget is allocated to the ministry of minerals, energy and water resources mmewr at p 3. Madam speaker, as part of the 2019 budget speech, i will provide a synopsis. The 20152016 budget estimates for statutory expenditure is p7. Speaker, statistics botswana recently released its first ever. This page provides botswana government budget actual values, historical data. Matambo minister of finance and development planning delivered to the national assembly on 2nd february 2015 website.
Thapelo matsheka, minister of finance and economic development. Republic of botswana 2019 budget strategy paper draft ministry of finance and economic development august 2018. The bsp also adds to the national budget documentation such as the budget speech, which is produced as part of the public disclosure to improve fiscal transparency. Therefore, accelerated growth, consistent with vision 2036, will require a mix of policies that promote export diversification in goods and services to impact unemployment, especially among the youth. This page provides botswana government budget actual. Domestic inflation by major sub components, 2015 jan 2016 dec %.
With a population of just over two million in an area the size of france, vast swathes of pristine wilderness have been given over to fencefree national parks and private game reserves, allowing wildlife to roam as it pleases. Speaker, i beg to move that the house do now resolve into committee of supply on the estimates of revenue and expenditure for the year 1st january 2017 to 31st december 2017, presented to. Madam speaker, i have the honour this afternoon to present to the national assembly budget proposals for the financial year 2015 2016. Budget speech 4 20152016 this control of spending, confirmed in recent months, is the result of a collective effort, of all quebecers. Budget speech highlights the economy contracted by 1. Republic of botswana draft 20172018 budget strategy paper. The conclusion is that botswanas current ndpdual budget planning and budget. The growth is principally due to obligations arising from the maturing of government bond bw003 and repayments of loan principals.
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