Delayed project increases budget under-spending

Minister of Finance and Development Planning, Kenneth Matambo says project implementation continues to pose a challenge to government.

In his 2015/16 Budget Speech on Monday, Matambo highlighted that during NDP 10, the development budget was under spent by an average of 17.3 percent and in 2011/2012 through to 2013/2014 due to delayed project implementation.

“Even where projects are finally delivered, they are usually characterised by cost overruns and questionable quality,” he said.

Editor's Comment
Stay safe this holiday season

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