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Three budget deficits in a row

Three budget deficits in a row

TALKING BS: Matsheka

Experts unconcerned as deficits are decreasing

Although government has recorded three successive budget deficits for the first three years of the National Development Plan (NDP) 11, observers note that the deficits are decreasing.

On Monday, Minister of Finance and Economic Development, Dr. Thapelo Matsheka delivered his maiden budget speech, painting a picture of how the national cake will be shared for the 2020/2021 financial period.

According to Matsheka - who doubles as a Member of Parliament for Lobatse - his budget speech responded to the need to transform the economy to a high...

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