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Govt to audit Covid-19 spending | The Patriot On Sunday

Opposition MPs anticipate corruption, wasteful spending BAKANG TIRO editors@thepatriot.co.bw The Minister of Finance and Economic Development Dr Thapelo Matsheka has promised to submit to Parliament the financial audit of the controversial Covid-19 national relief fund. Dr Matsheka who has been going through baptism of fire from the opposition colleagues after delivering a budget speech last week over alleged misappropriation of funds says the audit is coming. During the budget speech, Matsheka announced that the government’s foreign reserves lost P12 billion in year with his pronouncement drawing mixed emotions with some faulting loss to corruption. But Matsheka said such funds have been not misappropriated, indicating that they have been used to finance imports and other government obligations at period characterized by Covid-19.

Politicians are not problem solvers but enablers

The sad reality is that the world is governed by politicians who are sensitive to the electorate when seeking political power but immediately turn grossly insensitive to the same after assuming it. The world witnessed in utter disbelieve when the disgraced 45 th former President of the United States of America Donald Trump directed his supporters to invade and trash the seat of US political establishment, The Capitol. This because he conveniently believed without evidence that the very same electoral process that propelled him to the White House in 2016 was flawed when it determined to remove him from the same White House. There are many more politicians I want to believe, who are in the construct of Trump elsewhere but may have not explicitly yet, behaved like him. It is fair to say only time will tell. This conversation is meant to respond to the recently delivered budget speech on the backdrop of my last week’s conversation in which I raised a few issues and my expectations th

PPPs crucial for diversification

Calls for resilient economy to absorb shocks Minister Matsheka fears for worst in future BAKANG TIRO editors@thepatriot.co.bw The Managing Partner at Grant Thornton Botswana Kalyanaraman Vijay says Botswana should fully explore the Public Private Partnerships (PPPs) to revitalise the economy devastated by Covid-19. Vijay said it is visible from the budget speech that the economy has been adversely affected by the pandemic, leaving government with no option but to raise taxes and levies to raise funds. According to him, it was inevitable that government would increase the taxes as the crucial sectors of economy that boosts government coffers in mining and tourism were in recession.

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