Botswana�s budget lacks transparency � Survey
Friday, March 11, 2016
The Open Budget Index is the world’s only independent and comparative measure of budget transparency.
Botswana’s score of 47 out of 100 on the 2015 Open Budget Index is a little higher than the global average score of 45 and is largely the same as its score in 2012.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...